MONTE CARLO SIMULATION

abhishreshthaa

Abhijeet S
MONTE CARLO SIMULATION

  • To overcome problem of limited number of observations, synthesize additional observations.

  • Perhaps 10,000 real and synthetic observations.

  • Employ historic covariance matrix and random number generator to synthesize observations.

  • Objective is to replicate the distribution of observed outcomes with synthetic data.

:SugarwareZ-124:
 
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