Mar 15, 2026  
2024-2025 Academic Catalog 
    
2024-2025 Academic Catalog [Published Catalog]

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DSCI 3411  -  Fundamentals of Simulation (3 cr.)



Prerequisites
DSCI 1411  and MACT 2132  and (MACT 3223  or MACT 3224 )

Description
This course is an introduction to fundamental tools in designing, conducting, and interpreting simulation experiments. Topics covered include Random number generation; Continuous, discrete, and rare event simulations. Variance reduction techniques, Bootstrap and Jacknife; Simulation; Markov Chain Monte Carlo. The course includes an applied project (a thorough application of simulation to real-world problems such as finance, statistics) using computer programming language such as R or Python).


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