Question: nte Carlo Simulation Models Discussion Post, Against the Rules Podcast: The podcast linked below is from Against the Rules by Michael Lewis (author of Moneyball,
nte Carlo Simulation Models Discussion Post, Against the Rules Podcast: The podcast linked below is from Against the Rules by Michael Lewis (author of Moneyball, The Big Short, The Blindside, etc.). It discusses the difficulties of probabilistic forecasting and communicating uncertainty in many different applications. Monte Carlo simulation models are designed to model uncertain decision problems and provide additional information about the possible decisions
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