ENGLISH

Simulation

By Sheldon M. Ross

Book information

Publisher
Elsevier Academic Press
Year
2006
ISBN
0125980639, 9780125980630
Open Library ID
OL17207746M
Language
english
Format
DJVU
Filesize
2 MB (1897426 bytes)
Series
Statistical Modeling and Decision Science
Edition
4th ed
Pages
313\313
Library
Kolxo3
DPI
300
Scanned
yes
Time added
2009-07-20 03:45:11

Description

Ross's Simulation, Fourth Edition introduces aspiring and practicing actuaries, engineers, computer scientists and others to the practical aspects of constructing computerized simulation studies to analyze and interpret real phenomena. Readers learn to apply results of these analyses to problems in a wide variety of fields to obtain effective, accurate solutions and make predictions about future outcomes. This text explains how a computer can be used to generate random numbers, and how to use these random numbers to generate the behavior of a stochastic model over time. It presents the statistics needed to analyze simulated data as well as that needed for validating the simulation model. New to this Edition: -More focus on variance reduction, including control variables and their use in estimating the expected return at blackjack and their relation to regression analysis -A chapter on Markov chain monte carlo methods with many examples -Unique material on the alias method for generating discrete random variables

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