Station 6: Understanding The Magic Black Box (UI)
Understanding the Magic Black Box is a revealing glimpse into an essential tool of our study program: The silent engine which operates tirelessly behind the scenes, generating the dynamic numbers which allow us to create a lively variety of graphs, tables and diagrams for illustrating or elaborating key investment concepts and ideas.
Our Black Box is more than a mere curiosity, a mysterious automaton churning out numbers; that would be a simplistic characterisation of its invaluable contributions to this course. Indeed, we call it the "Magic" Black Box because of its diverse abilities and talents, from generating random numbers to support our visualisation efforts to performing simulations and producing probabilistic scenarios and forecasts. The Black Box is a versatile computational tool which helps us in our aim of demystifying a subject which for many is shrouded in mystery!
Keywords: simulation
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