Chapter 3: Methods for Generating Random Variables

A suitable generator of uniform pseudo random numbers is es-sential. Methods for generating r.v. from other prob. dist. all depend on the uniform random number generator. runif: Generating Uniform random number. ... To generate a random observation X, 1. Dreive the inverse function F 1 X (u) 2. generate a random ufrom U(0;1). 3. deliver x= F 1 ... ................
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