Unit 2: The Forecast is Always wrong, Video 6: Flaw of Averages 2-the Consequences

Name: Unit 2: The Forecast is Always wrong, Video 6: Flaw of Averages 2-the Consequences
Uploaded: 2022-09-28T20:07:40Z
Duration: 4 min 58 s
Description: The discussion leads to the simple fact that, to get value the performance of a system correctly, it is necessary to work with the distributions of the inputs. In short, it is essential to simulate system performances (as by using Monte Carlo analysis.)

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The discussion leads to the simple fact that, to get value the performance of a system correctly, it is necessary to work with the distributions of the inputs. In short, it is essential to simulate system performances (as by using Monte Carlo analysis.)