Quote:
Originally Posted by rabbitcoin
It sounds like Monte Carlo simulations are what you probably want to look into. That’s the method commonly used in situations like this where you need probabilistic insight into a question but aren’t sure how to answer it with any formulas or distributions that you are aware of. It shouldn’t take too much work to code out an MC simulator from scratch in Python or R… if you are doing it in Excel it can get tedious but is certainly still possible.
Beyond that I’ll stay in my lane as I don’t know anything about EPL hah.
Thanks. My first instinct was to go with Monte carlo but then thought there may be better solutions around. I probably run it as a test and then use Python to test different approaches.