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Simulation - Sheldon Ross 5th ed.pdf
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Simulation, 5th EditionAuthor : S Ross
Release Date: 22 Oct 2012
Imprint: Academic Press
ISBN: 9780124158252
Pages: 328
Dimensions: 229 X 152
Key FeaturesNew to this Edition:
- Additional material on variance reduction, including control variables and their use in estimating the expected return at blackjack and their relation to regression analysis
- Additional material and examples on Markov chain Monte Carlo methods
- Unique material on the alias method for generating discrete random variables
- Additional material on generating multivariate normal vectors
DescriptionThe 5th edition of Ross’s Simulation continues to introduce 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 latest edition features all-new material on variance reduction, including control variables and their use in estimating the expected return at blackjack and their relation to regression analysis. Additionally, the 5th edition expands on Markov chain monte carlo methods, and offers unique information on the alias method for generating discrete random variables.
By explaining 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, Ross’s Simulation, 5th edition presents the statistics needed to analyze simulated data as well as that needed for validating the simulation model.
Readership
Senior/graduate level students taking a course in Simulation, found in many different departments, including: Computer Science, Industrial Engineering, Operations Research, Statistics, Mathematics, Electrical Engineering, and Quantitative Business Analysis.
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