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. |