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Hands-On Simulation Modeling with Python - Develop simulation models to get accurate results and enhance decision-making processes (Paperback)
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Hands-On Simulation Modeling with Python - Develop simulation models to get accurate results and enhance decision-making processes (Paperback)
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Enhance your simulation modeling skills by creating and analyzing
digital prototypes of a physical model using Python programming
with this comprehensive guide Key Features Learn to create a
digital prototype of a real model using hands-on examples Evaluate
the performance and output of your prototype using simulation
modeling techniques Understand various statistical and physical
simulations to improve systems using Python Book
DescriptionSimulation modeling helps you to create digital
prototypes of physical models to analyze how they work and predict
their performance in the real world. With this comprehensive guide,
you'll understand various computational statistical simulations
using Python. Starting with the fundamentals of simulation
modeling, you'll understand concepts such as randomness and explore
data generating processes, resampling methods, and bootstrapping
techniques. You'll then cover key algorithms such as Monte Carlo
simulations and Markov decision processes, which are used to
develop numerical simulation models, and discover how they can be
used to solve real-world problems. As you advance, you'll develop
simulation models to help you get accurate results and enhance
decision-making processes. Using optimization techniques, you'll
learn to modify the performance of a model to improve results and
make optimal use of resources. The book will guide you in creating
a digital prototype using practical use cases for financial
engineering, prototyping project management to improve planning,
and simulating physical phenomena using neural networks. By the end
of this book, you'll have learned how to construct and deploy
simulation models of your own to overcome real-world challenges.
What you will learn Gain an overview of the different types of
simulation models Get to grips with the concepts of randomness and
data generation process Understand how to work with discrete and
continuous distributions Work with Monte Carlo simulations to
calculate a definite integral Find out how to simulate random walks
using Markov chains Obtain robust estimates of confidence intervals
and standard errors of population parameters Discover how to use
optimization methods in real-life applications Run efficient
simulations to analyze real-world systems Who this book is
forHands-On Simulation Modeling with Python is for simulation
developers and engineers, model designers, and anyone already
familiar with the basic computational methods that are used to
study the behavior of systems. This book will help you explore
advanced simulation techniques such as Monte Carlo methods,
statistical simulations, and much more using Python. Working
knowledge of Python programming language is required.
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