Difference between revisions of "Sampling"
From Open Risk Manual
Wiki admin (talk | contribs) |
(No difference)
|
Revision as of 21:02, 11 September 2020
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