Monte Carlo Simulation
Monte Carlo Simulation is a powerful and versatile software feature that is used in a wide range of industries and applications. It is a statistical technique that allows for the generation of multiple possible outcomes based on a set of input variables. This feature is particularly useful in situations where the outcome is affected by a large number of unpredictable factors. Monte Carlo Simulation works by running a large number of simulations, each with slightly different values for the input variables. This creates a distribution of possible outcomes, providing a more
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Rajat Gupta is the founder of Spotsaas, where he reviews and compares software tools that help businesses work smarter. Over the past two years, he has analyzed thousands of products across CRM, HR, AI, and finance — combining real-world research with a strong foundation in commerce and the CFA program. He's especially curious about AI, automation, and the future of work tech. Outside of SpotSaaS, you'll find him on a badminton court or tracking the stock market.
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