• May 2nd, 2015

Variance Reduction Techniques in Simulation

Paper, Order, or Assignment Requirements



The paper should include why do need variance reduction in simulation (Introduction). Then talk about the following variance reduction techniques (with some examples if possible):

Common random numbers 
Control variates
Importance sampling

Please use all the references and Feel free to add any reference if you need to. This paper is for Computer simulation. The writer needs to have some background in math in order to understand the concepts and write it correctly.

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