
Random Walk Simulation
A random walk simulation models a path where each step is determined randomly, like flipping a coin to decide whether to move forward or backward. It’s used to understand processes that evolve unpredictably over time, such as stock prices or particle movements. By running many simulations, we can analyze potential outcomes and patterns, helping us grasp how randomness influences the system. This method offers insights into complex, uncertain phenomena by mimicking their inherent variability through repeated, probabilistic steps.