Sampling
From Open Risk Manual
Revision as of 20:55, 21 November 2022 by Wiki admin (talk | contribs)
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
