In a tweet https://twitter.com/elonmusk/status/678679083782377472 Mr Musk states that they are using Monte Carlo analysis to determine mission success.
- how does that work exactly?
- what parameters flow into this simulation?
- is this standard in the space industry?
And now the really important part: I'm in software engineering and I'd like to know if and how this is applicable to software engineering (project success, failure rates, etc) too? Where do i start if I would like to do this?