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RStudio for Six Sigma - Monte Carlo Simulation

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  • Project Overview
    • Welcome to RStudio for Six Sigma - Monte Carlo Simulation . This is a project-based course which should take under 2 hours to finish. Before diving into the project, please take a look at the course objectives and structure. By the end of this project, you will understand what is Monte Carlo Simulation, why it is useful and how to perform the simulation using RStudio. You will learn how to generate Continuous and Discrete data for Xs based on various statistical distributions, how to write a Transfer Function to calculate Y, how to perform Monte Carlo Simulation and Sensitivity Analysis.