Another difference : It uses historical market returns for various asset classes ( from 1926 to 1999 ) to create its list of possible returns, from which the Monte Carlo analysis pulls random scenarios.
12.
Allen B . C ., Hack E . C ., Clewell H . J ., 2007, Use of Markov chain Monte Carlo analysis with a physiologically-based pharmacokinetic model of methylmercury to estimate exposures in u . s . women of childbearing age, Risk Analysis, 27 : 947-959.
13.
As such, the software incorporates a number of computational features to facilitate probabilistic simulation of complex systems, including tools for generating and correlating stochastic time series, advanced sampling capabilities ( including latin hypercube sampling, nested Monte Carlo analysis, and importance sampling ), and support for distributed processing.
14.
The software tools then use methods such as Monte Carlo analysis to propagate the uncertainty to result variables, so that a decision maker obtains an explicit picture of the impact that uncertainty has on his decisions, and in many cases can make a much better decision as a result.
15.
Monte Carlo analysis was done on apple juice to compare exposure and the PTDI . Without controls or an action limit, 90th percentile of consumers would not be above the PTDI . However, the concentration in children 1 2 years old would be 3 times higher than the PDTI . Hence, an action limit of 50 �g / kg was set.
