Abstract
In chapter 2, we came across situations where chance played a part and some of the variables were random variables. In chapter 3, we described models involving random variables as ‘stochastic’ or ‘probabilistic’ models. They obviously form a very important class of problem since uncertainty is an ever-present feature of real life. Here we look a little more closely at what is involved in developing and using probabilistic models.
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© 1989 Dilwyn Edwards and Mike Hamson
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Edwards, D., Hamson, M. (1989). Using Random Numbers. In: Guide to Mathematical Modelling. Mathematical Guides. Palgrave, London. https://doi.org/10.1007/978-1-349-10042-2_7
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DOI: https://doi.org/10.1007/978-1-349-10042-2_7
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-45935-5
Online ISBN: 978-1-349-10042-2
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