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Holman, Justin O.; Hacherl, Allie – Journal of Statistics and Data Science Education, 2023
It has become increasingly important for future business professionals to understand statistical computing methods as data science has gained widespread use in contemporary organizational decision processes in recent years. Used by scores of academics and practitioners in a variety of fields, Monte Carlo simulation is one of the most broadly…
Descriptors: Teaching Methods, Monte Carlo Methods, Programming Languages, Statistics Education