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An analyst is assessing the valuation of a unique stock option with few known information. The analyst is considering using simulation to model the option's potential value. The analyst considers whether to use Monte Carlo simulation or bootstrapping to conduct the analysis. Which of the following statements about bootstrapping is correct?
A
Data used for bootstrapping must follow a standard normal distribution.
B
Data used for bootstrapping must be resampled such that all possible outcomes in a probability space are present.
C
Data used for bootstrapping must be resampled with replacement.
D
Data used for bootstrapping must come from a variable with known properties.