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Document Type

Original Study

Abstract

A comprehensive comparison was undertaken between two numerical methods, namely bisection and secant methods, to generate a random variable data for distribution. two methods were suggested to acquire the initial guesses for secant and interval for the bisection method. The results of 100 cases for the choices of the parameters are shown and a comparison was made according to the number of iterations between the methods was conducted.

Keywords

Monte Carlo Simulation, Numerical Methods, Root finding, Distribution Function.

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