The Quant Journey
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The Quant Journey

Monte Carlo Simulation Theory and Applications in Python

Histogram of Monte Carlo Simulation Results

The Monte Carlo Simulation is a numerical analysis technique aimed at estimating the possible outcomes of a certain random event. It is a very powerful method of evaluating integrals where there are no known solutions.

The main idea behind this simulation is that the results are computed based on repeated random sampling and statistical analysis. The technique relies…

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This is a repository of information regarding everything quantitative. I am building my knowledge as I go, therefore this is a journey for both me as a contributor and you as a reader as we venture in to the world of mathematics, programming, statistics, finance and business.

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Andrea Chello

Andrea Chello

Quant | Full-Stack Blockchain Developer

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