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Monte-Carlo Simulation

An Introduction for Engineers and Scientists

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Focusing on the Monte Carlo simulation method, this book serves as a practical guide for engineers and scientists looking to grasp its fundamentals. It highlights the application of these techniques in Operations Research and other disciplines, emphasizing their importance in analyzing risk and uncertainty within prediction and forecasting models. The text aims to equip readers with the necessary skills to effectively utilize Monte Carlo methods in their quantitative research endeavors.

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Monte-Carlo Simulation, Alan Stevens

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2022
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