Monte Carlo Sampling Techniques

In this article, we will explore the various Monte Carlo sampling techniques used in Probability and Data Science.

Table of contentsWhat are Monte Carlo techniques?Different Monte Carlo techniques for sampling
* Importance Sampling
* Rejection Sampling
* Markov chain Monte Carlo (MCMC) sampling

What are Monte Carlo techniques?

Monte Carlo techniques are a group of computational algorithms for sampling probability distributions in a random manner. These were first used to solve the complicat...