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(Solved): Carry out the Monte Carlo approximation in Computer Problem 9.1.3 with quasi-random numbers from the ...
Carry out the Monte Carlo approximation in Computer Problem 9.1.3 with quasi-random numbers from the Halton sequence for , and 5. For part (c), use and for the x and y coordinates, respectively. Code needs to be in MatLab.
Problem 9.1.3 is:
a. Using calculus, find the area bounded by the two parabolas P1?(x)=x2?x+1/2 and P2?(x)=?x2+x+1/2. b. Estimate the area as a Type 1 Monte Carlo simulation, by finding the average value of P2?(x)?P1?(x) on [0,1]. Find estimates for n=10i for 2?i?6. c. Same as (b), but estimate as a Type 2 Monte Carlo problem: Find the proportion of points in the square [0,1]×[0,1] that lie between the parabolas.