Tu1219 – Monte Carlo Simulation Confirms Age-Related Group Classification Using Simple Contractility Metrics

Markov Chain Monte Carlo Simulation Made Simple

Monte Carlo Simulation using Excel

A Monte-Carlo Simulation using Excel Spreadsheet has been used to determine the reliability of a geothermal power plant. This simulation technique utilizes the powerful mathematical and statistical capabilities of Excel. Simulation time is dependent on the complexity of the system, computer speed and the accuracy desired, so a simulation may range from a few minutes to a few hours.

Bremsstrahlung imaging from the liver using the Monte Carlo simulation

Introduction: Most beta and gamma radiation radioisotopes used for treatment are not suitable for imaging. The bremsstrahlung images on a conventional gamma camera helped to localize the radionuclide within and outside of the lesion. Secondary scattering of gamma rays of higher energy and bremsstrahlung causes contamination in the energy window and reducing the contrast and resolution of the im...

Method of Moments Using Monte Carlo Simulation

We present a computational approach to the method of moments using Monte Carlo simulation. Simple algebraic identities are used so that all computations can be performed directly using simulation draws and computation of the derivative of the log-likelihood. We present a simple implementation using the Newton-Raphson algorithm, with the understanding that other optimization methods may be used ...

European Options Pricing Using Monte Carlo Simulation

European options can be priced using the analytical solution of the Black-Scholes-Merton differential equation with the appropriate boundary conditions. A different approach and the one commonly used in situations where no analytical solution is available is the Monte Carlo Simulation. We present the results of Monte Carlo simulations for pricing European options and we compare with the analyti...