E-book details

Hands-On Simulation Modeling with Python. Develop simulation models for improved efficiency and precision in the decision-making process - Second Edition

Hands-On Simulation Modeling with Python. Develop simulation models for improved efficiency and precision in the decision-making process - Second Edition

Giuseppe Ciaburro

Ebook
Simulation modelling is an exploration method that aims to imitate physical systems in a virtual environment and retrieve useful statistical inferences from it. The ability to analyze the model as it runs sets simulation modelling apart from other methods used in conventional analyses. This book is your comprehensive and hands-on guide to understanding various computational statistical simulations using Python. The book begins by helping you get familiarized with the fundamental concepts of simulation modelling, that’ll enable you to understand the various methods and techniques needed to explore complex topics. Data scientists working with simulation models will be able to put their knowledge to work with this practical guide. As you advance, you’ll dive deep into numerical simulation algorithms, including an overview of relevant applications, with the help of real-world use cases and practical examples. You'll also find out how to use Python to develop simulation models and how to use several Python packages. Finally, you’ll get to grips with various numerical simulation algorithms and concepts, such as Markov Decision Processes, Monte Carlo methods, and bootstrapping techniques.
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.
  • 1. Introducing simulation models
  • 2. Understanding Randomness and Random Numbers
  • 3. Probability and Data Generating Process
  • 4. Working with Monte Carlo Simulations
  • 5. Simulation-Based Markov Decision Process
  • 6. Resampling methods
  • 7. Improving and optimizing systems
  • 8. Introducing evolutionary systems
  • 9. Simulation models for Financial Engineering
  • 10. Simulating Physical Phenomena by Neural Networks
  • 11. Modeling and Simulation for Project Management
  • 12. Simulation Model for Fault Diagnosis in dynamic system
  • 13. What is next?
  • Title: Hands-On Simulation Modeling with Python. Develop simulation models for improved efficiency and precision in the decision-making process - Second Edition
  • Author: Giuseppe Ciaburro
  • Original title: Hands-On Simulation Modeling with Python. Develop simulation models for improved efficiency and precision in the decision-making process - Second Edition
  • ISBN: 9781804614464, 9781804614464
  • Date of issue: 2022-11-30
  • Format: Ebook
  • Item ID: e_39t6
  • Publisher: Packt Publishing