Once you find that process, you can use simulation to simulate alternative paths.
Once you accept that, you can move on and try to understand the process that generates those chances. You just have to recognize that in this world, some things happen by chance. And of course for people who don’t know what simulation means. It’s also useful for people who just want to refresh some things, or for people who want to use some of this stuff in their work. It’s useful for people who like finance but don’t have a strong core yet. It’s useful for people like me but 4 years younger, still looking for the answer to the question I will describe below. So this stuff is not rocket science at all. Nothing special though… they taught me matrices, means, standard deviations and the normal distribution when I was 16 years old. FYI: This is a text about basic simulation, nothing fancy, but you do have to know some basic math and statistics.
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