• Online, Self-Paced
Course Description

Monte Carlo Simulation Training introduces stochastic simulation techniques for analyzing uncertainties. Participants learn to apply Monte Carlo methods for decision-making, risk assessment, and optimization in complex systems.

Learning Objectives

  • Understand the principles and applications of Monte Carlo simulations.
  • Learn to develop probabilistic models for simulation.
  • Explore tools and techniques for running Monte Carlo simulations.
  • Analyze simulation outputs to inform decision-making.
  • Apply Monte Carlo methods to real-world problem-solving scenarios.
  • Framework Connections

    The materials within this course focus on the NICE Framework Task, Knowledge, and Skill statements identified within the indicated NICE Framework component(s):