【每日一练】CFA 一级（2015年）

Question：

Monte Carlo simulation is best described as:

A. a restrictive form of scenario analysis.

B. providing a distribution of possible solutions to complex functions.

C. an approach to backtest data.

Answer = B

Monte Carlo simulation provides a distribution of possible solutions to complex functions. The central tendency and the variance of the distribution of solutions give important clues to decision makers regarding expected results and risk.

CFA Level I

"Common Probability Distributions," Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, and David E. Runkle

Section 4

更多精彩：

CFA备考经验丨CFA二级固定收益复习策略

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