Simulation Modeling | Tutorial #36 | Monte Carlo (Numerical)

Описание к видео Simulation Modeling | Tutorial #36 | Monte Carlo (Numerical)

Monte Carlo simulation is a technique used to understand the impact of risk and uncertainty in financial, project management, cost, and other forecasting models. This video shows a numerical based example on the above approach based on hand calculations. #SimulationModeling #MonteCarloSimulation

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