## 7.1 SIMULATING PROBABILISTIC EVENTSTechniques for simulating "randomness" constitute an important part of the array of tools needed to carry out successfully a probabilistic simulation. These techniques have attracted considerable attention and have been developed to the point where it is possible to generate samples from virtually any probability distribution (or from reasonable approximations of these probability distributions). The approach used to generate these samples consists of two steps.
Sequences of statistically independent random numbers, |