rmvnorm90ci_exact

This function generates normally distributed multivariate random numbers which parameters are 
determined by the 90%-confidence interval. The calculation of <code>mean</code> and <code>sd</code> is 
exact.

Supporting the quantitative analysis of binary welfare based
decision making processes using Monte Carlo simulations. Decision support
is given on two levels: (i) The actual decision level is to choose between
two alternatives under probabilistic uncertainty. This package calculates
the optimal decision based on maximizing expected welfare. (ii) The meta
decision level is to allocate resources to reduce the uncertainty in the
underlying decision problem, i.e to increase the current information to
improve the actual decision making process. This problem is dealt with
using the Value of Information Analysis. The Expected Value of
Information for arbitrary prospective estimates can be calculated as
well as Individual Expected Value of Perfect Information.
The probabilistic calculations are done via Monte Carlo
simulations. This Monte Carlo functionality can be used on its own.

Eike Luedeling

decisionSupport

Quantitative Support of Decision Making under Uncertainty

Lutz Goehring

Katja Schiffers

Cory Whitney

Eduardo Fernandez

rmvnorm90ci_exact function

<dl><dt>n</dt>
<dd><code>integer</code>: Number of observations to be generated.</dd>
<dt>lower</dt>
<dd><code>numeric vector</code>: lower bound of the 90% confidence interval.</dd>
<dt>upper</dt>
<dd><code>numeric vector</code>: upper bound of the 90% confidence interval.</dd>
<dt>correlationMatrix</dt>
<dd><code>numeric matrix</code>: symmetric matrix which is the correlation matrix of the 
multivariate normal distribution. In particular, all diagonal elements must be equal to 1.</dd></dl>

Arguments

90%-confidence interval multivariate normal random number generation. — rmvnorm90ci_exact

<dl>

<dt>n</dt>
<dd><code>integer</code>: Number of observations to be generated.</dd>


<dt>lower</dt>
<dd><code>numeric vector</code>: lower bound of the 90% confidence interval.</dd>


<dt>upper</dt>
<dd><code>numeric vector</code>: upper bound of the 90% confidence interval.</dd>


<dt>correlationMatrix</dt>
<dd><code>numeric matrix</code>: symmetric matrix which is the correlation matrix of the 
multivariate normal distribution. In particular, all diagonal elements must be equal to 1.</dd>

</dl>

rmvnorm90ci_exact: 90%-confidence interval multivariate normal random number generation.

Description

Usage

Arguments

See Also