n the Monte Carlo assignment please explain what’s meant by increments for HF and for the Protection Level
- For HF you can use these possible values, in increments of $100: $1,000, $1,100, $1,200, $1,300, $1,400 and so on
- For the Protection Level the possible values are: 0, 10, 20, 30, 40, 50, 60, 70, 80, 90, 100, 110
- You will not use all the alternatives. Many are not relevant. Use judgment and trial-and-error to identify about 10 – 20 relevant alternatives.
