Monte Carlo Simulation for Projections and Estimates
1–3 of 3 posts
Re: Monte Carlo Simulation for Projections and Estimates
#2Wrote a blog post about how I learned to use monte carlo simulations, and histogram charts to help me estimate and project things like costs, or project delivery dates ... while still communicating the uncertainty of the thing. I'd love to get any feedback or thoughts on this :)
Re: Monte Carlo Simulation for Projections and Estimates
#3i remember studying this in school using monte carlo for credit card fraud detection