Multiscale Modeling and Computation Seminar by Yuhan Ding: Introduction to Monte Carlo and Quasi-Monte Carlo Methods I

Speaker: Yuhan Ding, associate teaching professor of Applied Mathematics, Illinois Institute of Technology

Title: Introduction to Monte Carlo and Quasi-Monte Carlo Methods I

Abstract: This talk will introduce the basics of Monte Carlo methods and how to assess the performance of Monte Carlo methods and improve their effectiveness. The speaker will present the variance reduction methods, including control variates, importance sampling, antithetic variates, and stratified sampling. In addition, Quasi-Monte Carlo methods and their error estimations will be illustrated.
 

Multiscale Modeling and Computation Seminar