Monte Carlo simulation is a computerized mathematical technique to generate random sample data based on some known distribution for numerical experiments. This method is applied to risk quantitative analysis and decision making problems. …

Example 1: Exponential Smoothing Forecasting — Example Let’s consider α=0.2 for the above-given data values so enter the value 0.8 in the Damping Factor box and again repeat the Exponential The result is shown below:

Multiple linear regression (MLR) is a statistical technique that uses several explanatory variables to predict the outcome of a response variable. A linear regression model that contains more than one predictor variable is called a multiple linear regression model. …

A restricted Boltzmann machine (RBM) is a generative stochastic artificial neural network that can learn a probability distribution over its set of inputs. Restricted Boltzmann machines can also be used in deep learning networks. In particular, deep belief networks can be formed by “stacking” RBMs and optionally fine-tuning the resulting…

The RStudio IDE is a set of integrated tools designed to help you be more productive with R and Python. It includes a console, syntax-highlighting editor that supports direct code execution, and a variety of robust tools for plotting, viewing history, debugging and managing your workspace. LEARN MORE ABOUT THE…