Lesson 17: Monte Carlo Simulation

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November 16, 2015 at 10:59 am  •  Posted in f15-busad360 by  •  1 Comment

Mon, Nov 16

Review:

Presentation:

Assignment:

  • Create a simple Monte Carlo Simulation with Python
  • Model a simple Dice Game:
    • Roll 2-7, lose
    • Roll 8-12, win
    • Start with $100; bet $1 per roll (win pays $1); roll 100 times; simulate outcomes (1,000)

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