All articles with 'Pi' Tag

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In the 45th session of Chandoo.org podcast, let’s get in to Monte Carlo simulations.

What is in this session?

In this podcast,

• Quick personal updates – 200km BRM and book delay
• History of Monte Carlo simulations
• Monte Carlo simulations – an example
• How to do simulations in Excel
  • Formulas
  • VBA
  • Data Tables
• Using data tables to run simulations – case study – estimating Pi value
• Things to keep in mind when setting up your simulation models
• Resources on Monte Carlo simulations in Excel
• Conclusions

Did you know you can Calculate Pi by throwing Frozen Hotdogs !
No ?
Learn how to calculate Pi by throwing Frozen Hotdogs with this Excel Simulation of Buffon’s Needle.