answersLogoWhite

0


Best Answer

A complete Six Sigma Mentoring System. This is going to be the industry standard in driving Lean Six Sigma projects. Voice guided with instructions how and where to. Has Continuous training as it walks you through the DMAIC methodology, does statistical analysis, reports and tracks the whole project. No limits to amount of projects, users or capabilities. We will custom tailor to your companies operating applications. This is 1/5 the price of the leading industry software with everything they do not offer in training and analysis. Call 713-436-6941 A demonstration is a must.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Differentiate between Worst case analysis and Monte Carlo analysis?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Math & Arithmetic

What is the difference between Monte Carlo and stochastic methods of simulation?

monte carlo simulation is used to give solutions of deterministic problems whereas stochastic simulation is used for stochastic problems.


In statistics what is a particle filter used for?

A particle filter is usually used in statistics to estimate Bayesian models. a particle filter is also known as a sequential Monte Carlo method (SMC).


What is the difference between statistician and a probabilist?

I'm not sure a probablist is a correct term. I would like to consider the difference between a statistician and a specialist in probability theory. The short answer is the statistician works with data while the specialist in probability theory works more with individual assumed or known probabilities. Here's the longer answer: The statistician typically is seeking to draw conclusions from collected data. The discipline of statistics includes all phases of a study, from design, collection, analysis, and presentation. A statisician however, may also try to improve the methods of analysis, so he will be involved in probability theory. The statistician may work in many fields, including medicine, epidemiology, pharmacy (tests of new drugs), engineering, insurance, sociology, marketing. The specialist in probability theory (or probability theorist) may draw conclusions from an understanding or reasonable assumptions of the outcome of a system or probability of events from an understanding of the probability of underlying components. This might sound a bit complicated, but the specialist can tell you how much you can expect to lose if you play the lottery, or any other game of chance. He does this by knowing the probabilities of the underlying event of chosing a winning number. The related link mentions two area of applications: risk analysis and commodities trading. More broadly, the areas of probability analysis using both Monte-Carlo simulation and analytical means, have applications in many areas environmental systems, operations research applications, valuation of financial derivatives involving risk, and more recently, stochastic simulation of chemical reactions and bioinformatics (computer related work with DNA). Please check the related links. You can find much more from links on the internet.


What is the type 143 after the pm for made in 1980 for your browning citori 12 ga 2 34 inch 32 inch over under shotgun?

The code after the "pm" is the model type. Are you sure it says 143? Browning doesnt list a model 143 Citori, but they did have a "153". The 153 denotes the Hunting model Grade l with a 3" chamber. According to info I found, 143 indicates a trap with a Monte Carlo stock. I do not know why Browning does not list it.


What does multiple misfire on diagnostics mean for 1999 Monte Carlo?

Make sure you check the EGR valve, mine went bad and it gave me a multiple cylinder misfire code... It means it is misfiring on more than one cylinder. A new set of plugs and or plug wires may fix the problem. But it can also be many other things. Vacuum leak, fuel injector problem, etc ALSO coil packs can give you a code for multiple random misfires

Related questions

What has the author Chester Lewellyn Olson written?

Chester Lewellyn Olson has written: 'A Monte Carlo investigation of the robustness of multivariate analysis of variance' -- subject(s): Monte Carlo method, Multivariate analysis


What is the difference between Monte Carlo and monaco?

Monaco is the name of the country, while Monte-Carlo is a district within Monaco.


How many miles is it between toulon France and Monte Carlo?

The road distance between Toulon, France, and Monte-Carlo (Monaco) is 171 km (106 miles).


What would make a 2002 Monte Carlo hesitate between 35 and 45 mph?

why would a 2003 Monte Carlo hesitate between 30-45 mph


What is the driving distance between Santa Margherita Italy and Monte Carlo France?

Monte Carlo is in Monaco, about 345 miles from Santa Margherita.


Is Monte Carlo in Monaco?

Yes, Monte Carlo is in Monaco.


What has the author M E J Newman written?

M. E. J. Newman has written: 'Networks' -- subject- s -: System analysis, Systems biology, Network analysis - Planning -, Social systems, Engineering systems 'Monte Carlo study of the random-field Ising model' 'Monte Carlo methods in statistical physics' -- subject- s -: Monte Carlo method, Statistical physics


What is the distance in kilometres from montpellier France to Monte Carlo France?

Monte Carlo is in Monaco ! There are 350 kms from Montpellier to Monte Carlo


Will 2010 Monte Carlo front cap fit a 1986 Monte Carlo?

There is no such thing as a 2010 Monte Carlo, so the answer would be no


Where can one find more information on Monte Carlo analysis?

To find more information on the Monte Carlo method, try websites like Palisade, Investopedia, and Vertex 42. Wikipedia also offers an article on this subject.


What coutry is Monte Carlo?

The town of Monte Carlo is in the country of Monaco


Which country is Monte Carlo?

The town of Monte Carlo is in the country of Monaco