Why are simulations a more practical way to analyze the probability of a real life situation?

Yes simulation is more practical

Step-by-step explanation:

Because simulation is experimentation with a model that imitates certain aspects of reality, it can become more practical because it allows working in conditions similar to the real ones, but with controlled variables and in an environment that resembles the real one but is artificially created or conditioned.

Which also means a saving of material, time that are valuable resources, that is, we can know if something would be successful or not (probabilistically) without spending resources.