Data Generating Process

Statistical Simulation in Python

Tushar Shanker

Data Scientist

Simulation Steps

  1. Define Possible Outcomes for Random Variables.
  2. Assign Probabilities.
  3. Define Relationships between Random Variables.
Statistical Simulation in Python

Data Generating Process

Data Generating Process Funnel

Statistical Simulation in Python

Cricket

India vs. England

1 Source: Wikipedia
Statistical Simulation in Python

Cricket

Factors Influencing Cricket Outcome

Statistical Simulation in Python

Cricket

Relationship between Cricket Factors

Statistical Simulation in Python

Let's practice!

Statistical Simulation in Python

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