Turn on suggestions

Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.

Showing results for

- JMP User Community
- :
- Discussions
- :
- Discussions
- :
- Simulator

Topic Options

- Subscribe to RSS Feed
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page

Highlighted

- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Get Direct Link
- Email to a Friend
- Report Inappropriate Content

Nov 22, 2011 10:01 PM
(3226 views)

Hello,

What is the mathematical basis of the simulation done in JMP (Simulator function? Is it Monte-Carlo or something similar? Is there somewhere a reference around?

Thank you.

1 ACCEPTED SOLUTION

Accepted Solutions

- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Get Direct Link
- Email to a Friend
- Report Inappropriate Content

It's Monte Carlo simulation - the mathematical basis is simply generating random numbers generated according to the specified distribution function, and then evaluating the formula with the random samples. The method uses standard JMP functions for generating random numbers - these are documented in the user guide; the simulator user interface is documented in the online book on modelling and multivariate methods.

Dave

-Dave

2 REPLIES 2

- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Get Direct Link
- Email to a Friend
- Report Inappropriate Content

It's Monte Carlo simulation - the mathematical basis is simply generating random numbers generated according to the specified distribution function, and then evaluating the formula with the random samples. The method uses standard JMP functions for generating random numbers - these are documented in the user guide; the simulator user interface is documented in the online book on modelling and multivariate methods.

Dave

-Dave

- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Get Direct Link
- Email to a Friend
- Report Inappropriate Content

Simulator

Nov 27, 2011 10:21 PM
(3130 views)
| Posted in reply to message from David_Burnham 11/25/2011 02:04 PM

Thanks.

It would just be great, if Monte-Carlo would also be mentioned in the user guide in the section for the simulator.

Cheers