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Re:An oral history of Bank Python by JackFr on Thursday November 04, 2021 @08:10AM (#29106104)
I remember someone demanding that we needed to run our Monte Carlo pricer on 1024 paths, that 256 just wasn’t precise enough and one of the risk guys said “Well since we know our assumptions are wrong I’m not sure what difference it makes.”
Re:An oral history of Bank Python by brazzy on Thursday November 04, 2021 @08:14AM (#29106143)
The difference between precision and accuracy in a nutshell.