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All of the following statements correctly describe an advantage or disadvantage associated with the use of Monte Carlo Analysis EXCEPT: a. The flexibility of Monte Carlo Analysis allows for more realistic estimates. b. Monte Carlo simulations typically require the use of special software and skills. c. Monte Carlo simulation aids in the identification of near-critical paths. d. Monte Carlo simulations do not consider risks

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All of the following statements correctly describe an advantage or disadvantage associated with the...
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