I know that lots of my future posts are going to be about simulation. To introduce the topic gently, I’d like to start with a simple simulation that can be done in Excel. In short, a simulation is a model of a system that involves randomness. Most simulations use a computer, although the simulation I’ll talk about today was originally done by dropping a needle on the floor.
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Introduction to Simulation
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I know that lots of my future posts are going to be about simulation. To introduce the topic gently, I’d like to start with a simple simulation that can be done in Excel. In short, a simulation is a model of a system that involves randomness. Most simulations use a computer, although the simulation I’ll talk about today was originally done by dropping a needle on the floor.