The EnvStats functions listed below are useful for performing Monte Carlo simulations and risk assessment.

Details

Function NameDescription
EmpiricalEmpirical distribution based on a set of observations.
simulateVectorSimulate a vector of random numbers from a specified theoretical
probability distribution or empirical probability distribution
using either Latin hypercube sampling or simple random sampling.
simulateMvMatrixSimulate a multivariate matrix of random numbers from specified
theoretical probability distributions and/or empirical probability
distributions based on a specified rank correlation matrix, using
either Latin hypercube sampling or simple random sampling.