Answer the following questions regarding Monte Carlo simulations:
A Monte Carlo simulation is about obtaining many outcome values by which the risk of a model can be assessed. [ Select ] ["True", "False"]
Monte Carlo simulations generate many outcomes that are organized into a frequency distribution. [ Select ] ["True", "False"]
The repetition (replication) of outcomes in Monte Carlo simulations cannot be accomplished with the data table capability of Excel. [ Select ] ["True", "False"]
If there were no random numbers, we could not perform Monte Carlo simulations. [ Select ] ["True", "False"]