Monte carlo simulations- vary one parameter at a time or all of them at once?

3 views (last 30 days)
(may not be a right MATLAB question but more of a theoretical one)
When you do a Monte-Carlo simulation with several fluctuating input parameters, do you vary all inputs separately or at once?
So if I want to vary 10 parameters in my model and let's say for all the individual parameters, I have 100 different values. So shall I perform 100*10 simulations or 100 simulations for one parameter and then for the next one and so on? Maybe I am unclear about the aim of the monte carlo simulations here.
Thanks :)

Accepted Answer

Torsten
Torsten on 18 Apr 2018
All parameters are varied simultaneously according to their underlying statistical distribution.

More Answers (0)

Community Treasure Hunt

Find the treasures in MATLAB Central and discover how the community can help you!

Start Hunting!