As a business analyst, you are tasked with using Monte Carlo simulations to predict potential outcomes in various decision-making scenarios. The first part of your task involves simulating random events (dice rolls)
ScenarioAs a business analyst, you are tasked with using Monte Carlo simulations to predict potential outcomes in various decision-makingscenarios. The first part of your task involves simulating random events (dice rolls) to understand the principles of randomness andprobability distribution. In the second part, you will use simulation techniques to predict the future performance of a […]