Simulation, 5th Edition

 
Simulation, 5th Edition,Sheldon Ross,ISBN9780124158252
 
 
 

  

Academic Press

9780124158252

9780124159716

328

229 X 152

This reference shows the reader 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 as well as presenting the statistics needed to analyze simulated data and the simulation model.

Print Book + eBook

USD 119.94
USD 199.90

Buy both together and save 40%

Print Book

Hardcover

In Stock

Estimated Delivery Time
USD 99.95

eBook
eBook Overview

ePUB format

VST format

PDF format

USD 99.95
Add to Cart
 
 

Key Features

New 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

Description

The 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.

Sheldon Ross

Sheldon M. Ross is a professor in the Department of Industrial Engineering and Operations Research at the University of Southern California. He received his Ph.D. in statistics at Stanford University in 1968. He has published many technical articles and textbooks in the areas of statistics and applied probability. Among his texts are A First Course in Probability, Introduction to Probability Models, Stochastic Processes, and Introductory Statistics. Professor Ross is the founding and continuing editor of the journal Probability in the Engineering and Informational Sciences. He is a Fellow of the Institute of Mathematical Statistics, and a recipient of the Humboldt US Senior Scientist Award.

Affiliations and Expertise

University of Southern California, Los Angeles, USA

View additional works by Sheldon M. Ross

Simulation, 5th Edition

Preface
Chapter 1 - Introduction
Chapter 2 - Elements of Probability
Chapter 3 - Random Numbers
Chapter 4 - Generating Discrete Random Variables
Chapter 5 - Generating Continuous Random Variables
Chapter 6 - The Multivariate Normal Distribution and Copulas
Chapter 7 - The Discrete Event Simulation Approach
Chapter 8 - Statistical Analysis of Simulated Data
Chapter 9 - Variance Reduction Techniques
Chapter 10 - Additional Variance Reduction Techniques
Chapter 11 - Statistical Validation Techniques
Chapter 12 - Markov Chain Monte Carlo Methods
Index

Quotes and reviews

"I have always liked Ross’ books, as he is simultaneously mathematically rigorous and very interested in applications. The biggest strength I see is the rare combination of mathematical rigor and illustration of how the mathematical methodologies are applied in practice. Books with practical perspective are rarely this rigourous and mathematically detailed. I also like the variety of exercises, which are quite challenging and demanding excellence from students."
--Prof. Krzysztof Ostaszewski, Illinois State University.

 

 
 

Elsevier|Free Shipping

Shop with Confidence

Free Shipping around the world
▪ Broad range of products
▪ 30 days return policy
FAQ

Contact Us