A Beginner's Guide to Monte Carlo Simulations
Our recent graduate Dan Uehara will be giving a talk for UseR Oslo Thursday 24th September, where he will give an introduction to Monte Carlo Simulations. Dan now works at the IPED at UiO analyzing survey data.
Monte Carlo simulation (MCS) is a computational tool used to determine a numerical result or unknown parameter by randomly selecting numbers repeatedly. It has a vast array of applications (e.g. risk analysis) in a variety of fields including education, law, mathematics, and physics.
This presentation will briefly outline what MCS is, why MCS is useful, and how to conduct an MCS. An application of MCS in educational measurement will also be presented while emphasizing possible solutions to issues that may be encountered.
How to attend: Sign up on https://www.meetup.com/Oslo-useR-Group/events/273004088/