Introduction Monte Carlo simulations represent a cornerstone in the landscape of computational algorithms, widely acclaimed for their versatility and efficacy in navigating uncertainties across diverse disciplines. This blog embarks on an exploratory journey through the history, workings, significance, applications, and the inherent risks of Monte Carlo simulations, offering a comprehensive insight into this fascinating computational… Continue reading Monte Carlo Simulations: Navigating a World Full of Uncertainties
Tag: predictive modelling
A predictive modelling tool to help you spot homes with hazards in your area
Cold, damp and other home hazards have been in the news recently, following the tragic death of two-year-old Awaab Ishak in 2020. Michael Gove has asked every local authority to present information on the condition of their housing stock, and what they are doing to tackle poor conditions. But, without visiting a home or installing… Continue reading A predictive modelling tool to help you spot homes with hazards in your area