Dealing with variability uncertainty and scarce information with stochastic simulations

Photo by Hưng Nguyễn Việt on Unsplash

Like many things in life, starting a business can be a challenging and daunting endeavor, there are many things and details that need to be addressed. And on top of that, the earnings of a bus sines can appear after several years after the business start operations. One of the available tools used to check for business profitability is to…