Monte Carlo Simulation Basics
📖 Scenario: Imagine you want to estimate the chance of rolling a total of 7 with two dice. Instead of calculating all possibilities, you can simulate rolling dice many times and see how often you get 7.
🎯 Goal: You will build a simple Monte Carlo simulation using numpy to estimate the probability of rolling a sum of 7 with two dice.
📋 What You'll Learn
Use
numpy to generate random dice rollsSimulate rolling two dice many times
Count how many times the sum is exactly 7
Calculate the estimated probability
Print the final probability
💡 Why This Matters
🌍 Real World
Monte Carlo simulations are used in finance, science, and engineering to estimate probabilities and risks when exact math is difficult.
💼 Career
Data scientists use Monte Carlo methods to model uncertainty and make predictions based on random sampling.
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