Examples of simulations in life are for example prospective pilots before flying the plane for the first time, prospective pilots practice using simulation tools, or maybe use video games to practice their abilities. Then what is the purpose of the simulation? the goal is to demonstrate something in real life that could be high risk or to demonstrate something in real life where information is minimal. “Simulation is mimicking/demonstrating something that exists in real life to know what something looks like” “Simulation is demonstrating something that will happen in the future” “Simulation is to imitate a real process, called a system, through a model to understand how the system works” There are several meanings about simulation which are essentially the same: Okay, before going into the Monte Carlo simulation, we must first understand what simulation is.
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