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Monte Carlo simulation is state of the art in market and credit risk measurement. By simulating future market development scenarios, the tool obtains the distribtion of the portfolio values in the future. From that distribution, the tool calculates risk measures, such as exposure at default. Portfolio effects, such as netting, are automatically taken into account. Download Market simulation white paper.
On the costs of mutual exclusion in C. Fitting the distribution of ticket sales yields unexpected results. The distribution of movies earnings is the same every year.
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