Techniques for Efficient Monte Carlo Simulation. Volume I. Selecting Probability Distributions

Abstract

The document is the first of three volumes which present techniques and methods for developing efficient Monte Carlo simulation. The volume provides a straightforward approach and associated techniques for selecting the most appropriate probability distributions for use in Monte Carlo simulations. Part 1, Basic Considerations, presents the underlying concepts and principles for selecting probability distributions. Part 2, Selection of Distributions, gives the mathematical models representing stochastic processes and presents step-by- step procedures for identification and selection of the appropriate probability distributions based upon the degree of knowledge and available data for the ramdom variable under study.

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Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1973
Accession Number
AD0762721

Entities

People

  • D. C. Irving
  • E. J. Mcgrath
  • R. W. Burton
  • S. C. Jaquette
  • S. L. Basin

Tags

Communities of Interest

  • C4I
  • Energy and Power Technologies
  • Sensors

DTIC Thesaurus Topics

  • Computational Science
  • Data Science
  • Information Science
  • Mathematical Models
  • Monte Carlo Method
  • Order Statistics
  • Probability
  • Probability Density Functions
  • Probability Distributions
  • Random Variables
  • Simulations
  • Statistical Algorithms
  • Statistical Tests
  • Statistics
  • Stochastic Processes
  • Surveys

Fields of Study

  • Mathematics

Readers

  • Business Analytics
  • Statistical inference.