
Episode 3 - Probabilistic Forecasting using MonteCarlo
Drunk Agile
00:00
How Many Things Can We Get Done Based on This Data?
So, the way Monte Carlo at least works is we take that data which is the number of items that got done and run it through this Monte Carlo simulation engine to come up with some results. So, let's say we wanted to find out if, if the steam can do 80 things in the next 30 days. It out of those 10,000 trials, three of them had them competing completing 70 or 80 items. Oh, which probably means yes, there is a chance but it's a very many skill chance as we use this as we model this data for the next 30 Days. Yeah, pretty well wait is that too soon too soon. Yep, there we go.
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