O'Reilly logo

Numerical Methods using MATLAB by Abhishek K Gupta

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 6

image

Monte Carlo Simulations

Most real world processes have some random components in them. That is why we have to investigate the statistical properties of such systems/processes. For example, we may be interested in computing the expected performance of a system or the expected distance in a random walk process, or the mean power of a received signal or the expected number of people in a waiting room (see the last example in Chapter 5). Many mathematical tools have been derived to compute such metrics, however in most cases the systems are too complex to derive any tractable results. In such scenarios, simulations with random sampling, ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required