The reader should be familiar with Random Variables. We are going to discuss about binomial random variable which is a discrete random variable that counts the number of times a specific event occurs ...
We want to generate 10,000 Uniformly distributed random number on [0,1] using LGM and compare with built-in python function. LGM empirical mean = 0.4996 LGM empirical standard deviation = 0.2872 Built ...