Would you always select uncorrelated random variables

Assignment Help Management Information Sys

Reference no: EM131302377

Suppose you wish to estimate the area of a two-dimensional ellipse, using Monte Carlo simulation and a jointly Gaussian pdf.

Would you always select uncorrelated random variables, or would there be times when it would help to have them correlated?

Reference no: EM131302377

Questions Cloud

Estimate what fraction of the drops hit the drain : There is a circular drain in the sink, centered at the origin, of radius 0.1. Using Monte Carlo simulation, estimate what fraction of the drops hit the drain.

How does a function provide output to the program : Functions can be thought of as miniature (sub)programs inside of other programs. Like any other program, we can think of functions as having input and output to communicate with the main program.

Identify and define the fallacy : Identify and define the fallacy. For example, appeal to tradition, false dichotomy, etc. Explain why this type of fallacy is a bad way of reasoning. Construct an original fallacy argument of that type.

Compute return on stockholders equity for both firms : Interpreting results from the Du Pont system of analysis [LO3] Assume the following data for Cable Corporation and Multi-Media Inc. Cable Corporation Multi-Media Inc. Net income $ 30,700 $ 149,000. Compute return on stockholders’ equity for both firm..

Would you always select uncorrelated random variables : Would you always select uncorrelated random variables, or would there be times when it would help to have them correlated?

Identify and describe its major stakeholders : Research a business or organization of your choice, and identify and describe its major stakeholders. ( in your own words)

Determine the smallest allowable physical distance : Determine the smallest allowable physical distance between the centers of co-channel cells if N = 4 reuse is used, and each cell has a radius of 2 km.

What was the firms operating profit : A-Rod Fishing Supplies had sales of $2,840,000 and cost of goods sold of $1,760,000. Selling and administrative expenses represented 16 percent of sales. Depreciation was 8 percent of the total assets of $4,420,000. What was the firm’s operating prof..

How well do the two organizations meet their customers needs : How well do the two organizations meet their customers' needs? To what extent are total quality processes employed? Do you feel that total quality processes affect customer satisfaction levels? If so, why? If not, why not?

User Account

All Pages