Latin Hypercube vs. Monte Carlo Sampling

In a recent post on Linked In, David Vose argues that the advantages of Latin Hypercube sampling (LHS) over Monte Carlo are so minimal that "LHS does not deserve a place in modern simulation software." [1]  He makes some interesting...

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Estimation of Mutual Information

Abstract: This article explores the difficult problem of estimating the mutual information between two variables from a sample of data. I use examples to demonstrate the challenges, and introduce a new algorithm for estimating mutual information along with an...

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Introduction to Analytica

[youtube]9s40FjHBm3E[/youtube]

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