Monte Carlo Simulation and Resampling

Download or read book Monte Carlo Simulation and Resampling written by Thomas M. Carsey and published by . This book was released on 2014 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking the topics of a quantitative methodology course and illustrating them through Monte Carlo simulation, this book examines abstract principles, such as bias, efficiency, and measures of uncertainty in an intuitive, visual way. Instead of thinking in the abstract about what would happen to a particular estimator 'in repeated samples', the book uses simulation to actually create those repeated samples and summarise the results.