Well, it depends on the parameters and the accuracy of the simulations. First of, Blackjack is not played in an absolute random environment. Besides the mathematical disadvantage, casino floors control the pressure that keeps the activity (lose/win) in the players court. Randomness states that a streak (good or negative) is neither guaranteed to break nor to start. I have seen blackjack tables go bad and remain like that for a while... nobody seems to care, except the losing players who cannot stop whining. On the other hand, hot tables won't last 3 shoes before the floor takes some actions (e.g. replace decks).
There is an amazing software that simulates the activity and strategies at a blackjack table (players behaviour included), with astonishing results.
The software is called "Babum Blackjack, and there are some video demos you can find on YouTube by searching the term "Babum Blackjack".
Actual texture is texture that you can feel, whereas visual or implied texture is when something looks like it has a texture it does not. For instance, the actual texture of a painting may be smooth, but the visual/implied texture may be rough and bumpy.
If you want to know what is happening in a specific place at a specific time, their is no substitute for observing it first hand. This cannot be simulated. Simulations require predictablevariables to offer a result similar to that of what is really going on. The real world is not always predictable.
they have to make sure that their answers from the similar investigation because it might be wrong
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DEXTROMETHORPHAN
By repeating the experiment and getting the same results it validates those results.
Because a simulated computer model is based on historical data. A microscope gives you a 'real time' image.
Although unfamiliar with Coral betting in the UK, it appears that you can indeed find these results online. The best place to find accurate results listed online would be to check the actual Coral website under "Results".
These would yield similar results if your cost of purchasing inventory from suppliers has stayed relatively constant.
With flexible budget, you check whether the actual activity level is within the range of activity for flexible budget. If yes, then you compare very easily. Just extrapolate your budget for the actual activity level. Only Variable costs needs to be updated (as Fixed costs remain same for a particular activity level). Finally you have the actual results and budgeted results, both on the same activity level. This provides you the ground for comparing the both.
Yes, Rolex would be the brand you want to buy.
A Simulated company is also known as a Business Simulation. It is a tool used in businesses for training, and to teach strategic thinking, team work, leadership, and several other skills valued in the work place.