Monte Carlo methods use random sampling to solve tough problems (optimization, integration, ...)

@13:55 When your simulations are expensive, you want to be clever about sampling (Quasi Monte Carlo) -> less samples, same info

@32:00 cleverness of different sampling methods compared

#datascience
Reposted from Rami Krispin
A talk by Dr. Nathan Kirk about merging Monte Carlo methods with machine learning models:
📽️ www.youtube.com/watch?v=dfPV...

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