Other
General-purpose Monte Carlo simulation models for various use cases and probabilistic explorations.
6 models
Tournament Win Probability Model
Determine the probability of winning a poker tournament given player skill vs a varying distribution of opponent skills.
Meetings That Could Be Emails Model
Calculate the annual number of meetings that should have been emails based on corporate culture.
Commute Time Uncertainty Model
To estimate the expected commute time by accounting for the compounding effects of traffic congestion and weather conditions.
Freelance vs Full-Time Income Comparison
Compare the total annual compensation of freelance work versus full-time employment considering utilization and benefits.
Home Renovation Budget Model
Calculate the total expected home renovation budget considering contractor price fluctuations and unforeseen repair costs.
Monte Carlo Pi Estimation
Estimate the value of Pi using a Monte Carlo area-ratio method (Buffon's needle/Circle quadrant).