ICS 2307 SIMULATION AND MODELLING Course Outline Systems modelling – discrete event simulation Design of simulation experiments simulation Language probability and distribution theory Statistical estimation‚ inference and random number generators Sample event sequences for random number generation Translation of models for simulation application References Simulation modelling and analysis Introduction Computers can be used to imitate (simulate) the operations of various kinds of real
Premium Cumulative distribution function Random variable Randomness
Terms: Forecast vs Forecast Error We clarify the terms used in the practice problems and the final exam problems. Some statisticians speak of the standard deviation or variance of the forecast. The forecast here is the distribution of future values. It is a random variable‚ which has a standard error (standard deviation and variance). Other statisticians use the term forecast for the mean of the distribution of future values. The forecast error (the error term in the forecast) is the distribution
Premium Normal distribution Autoregressive moving average model Variance
Introduction Forest Labs is a pharmaceutical company that develops‚ manufacture and sell branded forms of ethical drug products most of which require a physician’s prescription. Most of the drags are marketed directly‚ to physicians with a mission that a CEO and President of Forest Labs Howard Solomon in his letter to shareholders defines as “to increase shareholder value by obtaining and successfully marketing more and more fine pharmaceutical products”. Forest`s product pipeline highly depends
Premium Stock Weighted average cost of capital Stock market
Business Statistics I: QM 1 Lecture N otes by Stefan W aner (5th printing: 2003) Department of Mathematics‚ Hofstra University BUSINESS STATISTCS I: QM 001 (5th printing: 2003) LECTURE NOTES BY STEFAN WANER TABLE OF CONTENTS 0. Introduction................................................................................................... 2 1. Describing Data Graphically ...................................................................... 3 2. Measures of Central Tendency
Premium Standard deviation Arithmetic mean Probability theory
In Australia‚ a person’s social class impacts their life chances’. Critically evaluate this statement. Social class affects one’s life chance across a broad range of social occurrence from education achievement to health care to contact with the criminal justice system. This essay will argue that class has a remarkable impact on the life chances of an individual. It will further expostulate that high outcomes in academic performance in Australia is more prevalent on students from the high rank
Premium Sociology
Empirical Finance 4.2 – Case 3 Julinda Kllapi‚ 2514073‚ j.kllapi@student.vu.nl Valkana Lesseva‚ 1836994‚ v.h.lesseva@student.vu.nl Introduction The recent financial crisis saw CDS spreads soaring across the Euro area as the full picture behind the public finances of many European countries became apparent. As a result many countries‚ such as Portugal and Ireland lined up for a bailout from the rest of the Eurozone as they found it harder and prohibitively expensive to borrow from the
Premium Statistical hypothesis testing Statistics Regression analysis
in Kansas City‚ is a full-service engineering‚ architecture‚ construction‚ environmental and consulting solutions firm. Our multidiscipline staff of more than 3‚600 employee-owners includes engineers‚ architects‚ construction experts‚ planners‚ estimators‚ economists‚ technicians and scientists‚ representing virtually all design disciplines. VISION The plan‚ design‚ permit‚ construct and manage facilities all over the world‚ with one mission in mind: “Make our clients successful”. The company
Premium Employment Engineering Civil engineering
Human Body Recognition and Tracking: How the Kinect Works Kinect RGB-D Camera • Microsoft Kinect (Nov. 2010) – Color video camera + laser-projected IR dot pattern + IR camera • $120 (April 2012) • Kinect 1.5 due 5/2012 IR laser projector color camera T2 IR camera Many slides by D. Hoiem 640 x 480‚ 30 fps What the Kinect Does How Kinect Works: Overview Get Depth Image IR Projector IR Sensor Projected Light Pattern Stereo Algorithm Segmentation‚ Part Prediction
Premium Stereoscopy Pixel Human body
Developing Marketing Plan PLANNING • Process to develop a strategy to achieve desired objectives‚ to solve problems‚ and to facilitate action. • A systematic process of forecasting the future business environment and deciding on the most appropriate goals‚ objectives and positions for best exploiting that environment. • Planning is an activity and a process = formalised MARKETING PLANNING “Marketing Planning is the process of developing marketing plan incorporating overall marketing objectives
Premium Forecasting Marketing plan Regression analysis
CYBER-PHYSICAL SYSTEMS SECURITY FOR THE SMART GRID A. C´ardenas ‚ R. Moreno‚ “Cyber-Physical Systems security for the Smart Grid‚” CPS Workshop 2011. The authors focus on giving a brief overview of why traditional security mechanisms for power systems are inadequate and the need for CPS security. They briefly describe the functional areas of the grid: State estimation-need for SE‚ mathematically modeling it‚ testing bad measurements. Constructing the network topology based
Premium Electricity distribution Security Attack