Similation of Markov jump processes (Poisson)

Simulation of Markov jump processes (Poisson)

In the old papers 103 (2000-2005) there are questions (eg. April2003 Q4(i), Sept2003 Q9, Q7(iii), Sept2001 Q5 etc) on the simulation of Markov jump processes with a r.v. U ~ uniformly distributed on [0, 1].


I wonder if this could still be examined because I could not find anything about U in the Core Reading. what is Uin these questions, anyway?

 

The CT4 Core Reading on simulation is different to that which was included in 103.

The parts of Core Reading on simulation in the current Core Reading are:
- section 7.3 of Chapter 3 on Markov chains
- section 10.5 of Chapter 6 on Markov jump processes.

I wouldn't expect you to be examined on anything beyond what's there. In particular, the details of simulation are covered in CT6.