2min chapter

Agile Uprising Podcast cover image

Monte Carlo: A Matter of Life And Death w/Prateek Singh and Troy Lightfoot from ProKanban.org

Agile Uprising Podcast

CHAPTER

The History of Monte Carlo Simulation

Every time you roll a die, you are you rolling a single dice is giving you a simulation of what can happen when you roll dice. So that they're applying a lot of large numbers to that roulette wheel basically and so that's a lead in for the Monte Carlo. If you do that thousands and thousands of time, what you have done is thousands and Thousands of Monte Carlo simulations. And you have as you're essentially running the future over and over again to get an idea of what are the range of options of what can happening.

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