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Introducing Probability with Monte Carlo Methods

โœ Scribed by William D. Jamski

Book ID
114976586
Publisher
School Science and Mathematics Association
Year
1981
Tongue
English
Weight
91 KB
Volume
81
Category
Article
ISSN
0036-6803

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## Abstract Many quantitative problems in science, engineering, and economics are nowadays solved via statistical sampling on a computer. Such __Monte Carlo methods__ can be used in three different ways: (1) to generate random objects and processes in order to observe their behavior, (2) to estimat