Difference between revisions of "Sampling"
From Open Risk Manual
Wiki admin (talk | contribs) |
Wiki admin (talk | contribs) |
||
| Line 6: | Line 6: | ||
[[Category:Statistics]] | [[Category:Statistics]] | ||
[[Category:Credit Scorecard Development]] | [[Category:Credit Scorecard Development]] | ||
| + | [[Category:Simulation]] | ||
Latest revision as of 20:55, 21 November 2022
Definition
Sampling is a technique used in a variety of Quantitative Risk Management contexts. It may refer to
- Monte-Carlo Simulation, where the "samples" are produced through numerical simulation (using random number generation)
- Sampling historical data sets, e.g. for the purposes of Cross-Validation
