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Simulation / Sheldon M. Ross.

By: Material type: TextTextPublication details: Amsterdam : Elsevier Inc, 2013.Edition: Fifth editionDescription: xii, 310 pages : illustrations ; 24 cmISBN:
  • 9780124158252
Subject(s): DDC classification:
  • 519.2 23
LOC classification:
  • QA273 .R82 2013
Summary: "In formulating a stochastic model to describe a real phenomenon, it used to be that one compromised between choosing a model that is a realistic replica of the actual situation and choosing one whose mathematical analysis is tractable. That is, there did not seem to be any payoff in choosing a model that faithfully conformed to the phenomenon under study if it were not possible to mathematically analyze that model. Similar considerations have led to the concentration on asymptotic or steady-state results as opposed to the more useful ones on transient time. However, the relatively recent advent of fast and inexpensive computational power has opened up another approach--namely, to try to model the phenomenon as faithfully as possible and then to rely on a simulation study to analyze it"--
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Holdings
Item type Current library Collection Call number Vol info Status Date due Barcode
Main Long Main Long Martin Oduor-Otieno Library This item is located on the library Second Floor Non-fiction QA273 .R82 2013 (Browse shelf(Opens below)) 29928/19 Available MOOL19070113
Browsing Martin Oduor-Otieno Library shelves, Shelving location: This item is located on the library Second Floor, Collection: Non-fiction Close shelf browser (Hides shelf browser)
QA273 .H694 1997 Probability and statistical inference / QA273 .H694 1997 Probability and statistical inference / QA273 .M225 2004 Multivariate probability / QA273 .R82 2013 Simulation / QA273 .R864 2014 An introduction to measure-theoretic probability / QA273 .R8647 2014 Introduction to probability / QA273 .T48 2012 Understanding probability /

Includes bibliographical references and index.

"In formulating a stochastic model to describe a real phenomenon, it used to be that one compromised between choosing a model that is a realistic replica of the actual situation and choosing one whose mathematical analysis is tractable. That is, there did not seem to be any payoff in choosing a model that faithfully conformed to the phenomenon under study if it were not possible to mathematically analyze that model. Similar considerations have led to the concentration on asymptotic or steady-state results as opposed to the more useful ones on transient time. However, the relatively recent advent of fast and inexpensive computational power has opened up another approach--namely, to try to model the phenomenon as faithfully as possible and then to rely on a simulation study to analyze it"--

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