A GRADIENT TECHNIQUE OF ADAPTIVE MONTE CARLO.
Abstract
A technique of Monte Carlo estimation is presented which is 'adaptive' in the sense that its efficiency increases as the sampling proceeds. It is based on sequentially estimating the gradient of the variance and following the path of steepest descent. The technique is applied to a problem of estimating the survival probability of a repairable machine. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 08, 1965
- Accession Number
- AD0621997
Entities
People
- E. L. Pugh
Organizations
- System Development Corporation