Simulation, Fourth Edition (statistical Modeling And Decision Science)

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Brand: Academic Press
SKU: DADAX0125980639
ISBN : 0125980639

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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
Author : Sheldon M. Ross
ISBN : 0125980639
Language : English
No of Pages : 312
Edition : 4
Publication Date : 8/15/2006
Format/Binding : Hardcover
Book dimensions : 8.98x5.98x0.87
Book weight : 0.01

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