{"version":"1.0","type":"link","title":"Variance reduction - Newikis","description":"In mathematics, more specifically in the theory of Monte Carlo methods, variance reduction is a procedure used to increase the precision of the estimates obtained for a given simulation or computational effort. Every output random variable from the simulation is associated with a variance which…","provider_name":"Newikis","provider_url":"https://newikis.com","cache_age":86400,"thumbnail_url":"https://thumb.wikimedia.org/wikipedia/commons/thumb/b/b8/Variance_reduction_at_a_fixed_sample_count.svg/1280px-Variance_reduction_at_a_fixed_sample_count.svg.png","thumbnail_width":1280,"thumbnail_height":1112}