Tom Ashworth 3/23/2020

Monte Carlo analysis for product development

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This article introduces Monte Carlo analysis as a technique for product development, demonstrating its use through a case study on estimating how many Tweets appear on screen in TweetDeck. It explains how to replace single-point assumptions with probability distributions for variables like screen size and Tweet height, and how random sampling from these distributions provides a more realistic range of outcomes.

Monte Carlo analysis for product development

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