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Testing strategies with a Monte Carlo data set

Are you sure your decision strategies work in the intended way? Learn how to generate large sets of realistic mock data that can be used to test your decision strategies.

You have designed a complex decision strategy for your Customer Decision Hub. How can you be sure that it works in the intended way? How will it perform in a production environment? Are there any bottlenecks? Which decision paths are more likely to be selected over others? In this module, learn how to quickly generate large sets of realistic, mock data which can be used to test your decision strategies.

What you'll learn

By the end of this course, you will be able to successfully:

  • Have a high level understanding of the Monte Carlo method.
  • Generate mock data for application testing.
  • Use the generated data in strategy testing.

Course Outline

  1. Testing strategies with a Monte Carlo data set

    • Before you begin
    • Tell me about a Monte Carlo data set
    • Show me how to generate data using a Monte Carlo data set
    • Show me how to extend a Monte Carlo data set
    • Show me how to test a strategy using a Monte Carlo data set
    • Let me create a Monte Carlo data set
    • Let me test a strategy with a Monte Carlo data set
    • Before you leave

Choose Your Format

Need help choosing the best format? Learn More.

  • Skill Level

    Advanced

  • Duration

    2.5 hour

  • Platform Version

    8.1

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