The deceptive name of Monte Carlo simulation

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imo, the fun part is defining the probability distributions. But yeah, once you’ve done that, it’s pretty much the lamest way of actually solving the problem.

On the other hand, that’s true of a lot of math. Oh, I see you invented calculus Isaac Newton BUT have you thought about using your TI-83 to add up a billion tiny rectangles?

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There are some actudonks who think you can model (almost?) all uncertainty and be pretty precise about the answer. There are definitiely data scientists who think you can model all uncertainty and be exactly precise with the answer.

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A former coworker who has since passed away, Tim Montney, used to like to joke he patented Montney-Carlo testing.

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you misspelled 01110101

let’s just call it for what it is:
“performing many simulations to estimate the underlying probability distribution” testing

scratch that. let’s rename it to “Dumass” testing

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