Second Assignment Questions

1. Write notes on Monte-Carlo methods of simulation. 2. A function is dened as f (x) = 3x3 x2 + 4x. Obtain the area under this curve between x = 1 and x = 3, by Monte-Carlo method. Observe the error of the solution as a percentage of the theoretical value. Suggest a method to eliminate/minimise this error. Discuss how can this be implemented in a personal computer, which updates the cumulative value of error to a pre-set target. 3. Explain any two continuous parametric probability functions 4. Generate ve random variates each from (a) exponential distribution with mean 7. (b) Poisson distribution with mean 3. (c) Normal distribution, N (6.5, 5). 5. Explain the importance of the parameters of combined congruential generators in dening the cycle length and the range of random numbers. Suggest the ways to increase the cycle length and range with a suitable example. -best of luck -