IEE 475: Simulating Stochastic Systems

Lecture L (2020-11-24): Course Wrap-Up


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 In this wrap-up lecture, we finish the treatment of Variance Reduction Techniques (VRT's) for stochastic simulation. We cover (or review) Common Random Numbers (CRN's), Control Variates (CV's), Antithetic Variates (AV's), and Importance Sampling. The lecture ends with some brief big-picture comments about the lifelong learning process of simulation modeling.
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IEE 475: Simulating Stochastic SystemsBy Theodore P. Pavlic


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