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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Simulation
Hi sir, i would like to ask regarding this question
Indicate, by clicking in the relevant boxes, whether the following statements in relation
to a simulation exercise are true or false.
It assesses the likelihood of a variable changing = FALSE
I did not understand what does it mean by assess the likelihood of variable changing and is it correct for sensitivity?
Thank you in advance sir 🙂
It would mean that is measured the probabilities of something changing. Simulation does not measure the probabilities.
thank you for the explanation sir, have a good day and stay safe ! 🙂
Thank you, and you too 🙂