There are two general ways in which one variable plots are often used:
- As chief car of a single variable investigation
- To support multiple variables investigations
However, it certainly does not stop there. A wonderful usage of single variable plots is to make visual stands for hypothesis acceptance paradigmas as well to visualize Monte Carlo simulations results. In fact there are some stories about 1938 nobelist, the physicist Enrico Fermi. Before running experiments he would address Monte Carlo approximations to predict outcomes. Fermi reported the predictions to his friends; as the story goes, his predictions were remarkably accurate.
Think about it, Fermi was making Monte Carlo approximations before computacional power was a thing. This chapter is about to demonstrate how to run a simulation and make visual stands from it. Why not to predict and report...
