Book Image

Simulation for Data Science with R

By : Matthias Templ
Book Image

Simulation for Data Science with R

By: Matthias Templ

Overview of this book

Data Science with R aims to teach you how to begin performing data science tasks by taking advantage of Rs powerful ecosystem of packages. R being the most widely used programming language when used with data science can be a powerful combination to solve complexities involved with varied data sets in the real world. The book will provide a computational and methodological framework for statistical simulation to the users. Through this book, you will get in grips with the software environment R. After getting to know the background of popular methods in the area of computational statistics, you will see some applications in R to better understand the methods as well as gaining experience of working with real-world data and real-world problems. This book helps uncover the large-scale patterns in complex systems where interdependencies and variation are critical. An effective simulation is driven by data generating processes that accurately reflect real physical populations. You will learn how to plan and structure a simulation project to aid in the decision-making process as well as the presentation of results. By the end of this book, you reader will get in touch with the software environment R. After getting background on popular methods in the area, you will see applications in R to better understand the methods as well as to gain experience when working on real-world data and real-world problems.
Table of Contents (18 chapters)
Simulation for Data Science with R
Credits
About the Author
About the Reviewer
www.PacktPub.com
Preface
Index

Simulating pseudo random numbers


Pseudo random numbers are the basis for almost any statistical (Monte Carlo) simulation, and they are used in a huge variety of problems in statistics. Simulating them well is crucial for valid outputs on Monte Carlo simulations, and also resampling methods rely on the quality of pseudo random numbers.

We can distinguish between (at least) two kinds of pseudo random number generators:

  • Arithmetic random number generators: They are based purely on, as the name suggests, arithmetic. Irrational numbers like and e may be used as random number generators by making use of the fractional part of any multiples used. However, it is difficult to determine whether irrational numbers, as yet, have a periodicity. In addition, irrational numbers can only be presented as (finite) machine numbers in a computer; irrational numbers are rarely used in practice to generate random numbers.
  • Recursive arithmetic random number generators: They are based on the calculation of a new...