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Monte Carlo analysis for product development

tgvashworth.com · 958 words · saved by 1 readers

I’d like to introduce you to a technique I’ve found really useful for product development, as well as real-life stuff.

Watch out: this post is 6 years old. I’d like to introduce you to a technique I’ve found really useful for product development, as well as real-life stuff. It’s called Monte Carlo analysis , and it helps you explore and deeply understand formulas and metrics by combiniting distributions, rather than simple scalar numbers. To set up the technique, let’s look at a really simple question from my Twitter days: how many Tweets are on screen at any time in TweetDeck? I wanted to know this to do some performance work, but there could be reasons related to showing ads or to answer a design question ab

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