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Results tagged with monte-carlo
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user 778
Using (pseudo-)random numbers and the Law of Large Numbers to simulate the random behavior of a real system.
5
votes
1
answer
815
views
Run a Monte Carlo simulation of a startup while conceiving it? Has it been done?
As an entrepreneur you try to find a model of your business. If you simulate this via Monte Carlo you could see sensitive areas in e.g. the marketing strategy and how it affects e.g. sales.
I like to …
- 681
14
votes
5
answers
10k
views
Is Matlab/octave or R better suited for monte carlo simulation?
I started to do Monte Carlo in R as a hobby, but eventually a financial analyst advised to migrate to Matlab.
I'm an experienced software developer.
but a Monte Carlo beginner.
I want to construct sta …
- 681