Suppose we use a monte carlo simulation approach to
Suppose we use a Monte Carlo simulation approach to simulate the probability of some rare event .
It is decided that we will repeat the simulation until the event occurs 35 times.
With what accuracy will we estimate to within a 90% confidence level?
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suppose we use a monte carlo simulation approach to simulate the probability of some rare event it is decided that we
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suppose the random variable xnbsp has an exponential distributionnbspnbspwe wish to estimate the probability of the
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