Episode 3 - Probabilistic Forecasting using MonteCarlo
Drunk Agile
00:00
How to Put Probabilistic Thinking in Action
Last time around, we talked a lot about probabilistic thinking. This time we're talking about how to put that probabilisticthinking in action. Monte Carlo simulation is the simplest way to do it. It lets you model the future and then run that model hundreds of thousands or 10,000 million times.
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