The Bias - Variance dilemma of the Monte

نویسندگان

  • Mark Zlochin
  • Yoram Baram
چکیده

We investigate the setting in which Monte Carlo methods are used and draw a parallel to the formal setting of statistical inference. In particular, we nd that Monte Carlo approximation gives rise to a bias-variance dilemma. We show that it is possible to construct a biased approximation scheme with a lower approximation error than a related unbiased algorithm.

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تاریخ انتشار 2001