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CT6- Monte Carlo Simulation

B

Bharti Singla

Senior Member
Hello everyone
Please explain the example attached below. I'm not really getting whats going on here. How the density of y is calculated? What's this method all about?
Please anyone help as soon as possible.
Thanks
 

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Double exponential distribution is symmetric around 0. First random no. u1 is used to decide whether we want to generate a value from negative side or positive side then u2 is used to generate a value.
 
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