Based on Random Set Theory, procedures are presented for bracketing the results of Monte Carlo simulations in two notable cases: (i) the calculation of the entire distribution of the dependent variable; (ii) the calculation of the CDF of a particular value of the dependent variable (e.g. reliability analyses). The presented procedures are not intrusive in that they can be equally applied when the functional relationship between the dependent variable and independent variables is known analytically and when it is a complex computer model (black box). Also, the proposed procedures can handle probabilistic (with any type of input joint PDF), interval-valued, set-valued, and random set-valued input information, as well as any combination thereof.
Reliable Computing – Springer Journals
Published: Oct 18, 2004
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
All the latest content is available, no embargo periods.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud