EnvStats Functions for Monte Carlo Simulation and Risk Assessment
The EnvStats functions listed below are useful for performing Monte Carlo simulations and risk assessment.
Function Name | Description |
Empirical | Empirical distribution based on a set of observations. |
simulateVector |
Simulate a vector of random numbers from a specified theoretical |
probability distribution or empirical probability distribution | |
using either Latin hypercube sampling or simple random sampling. | |
simulateMvMatrix |
Simulate a multivariate matrix of random numbers from specified |
theoretical probability distributions and/or empirical probability | |
distributions based on a specified rank correlation matrix, using | |
either Latin hypercube sampling or simple random sampling. | |
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