Using simulation for decision-making

Statistical Simulation in Python

Tushar Shanker

Data Scientist

Simulation workflow

Simulation Workflow

Statistical Simulation in Python

Change input, evaluate output

Simulation Workflow

Statistical Simulation in Python

Outcomes: New B vs. Old B

Change in Outcome Distribution

Statistical Simulation in Python

Change input to get desired output

Outcome Distribution

Statistical Simulation in Python

Modify C and record outcomes

Simulation Workflow

Statistical Simulation in Python

Change input to get desired output

Change in Outcome Distribution

Statistical Simulation in Python

Let's practice!

Statistical Simulation in Python

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