As most Palisade customers know, computer processing speed is important in both Monte Carlo software and packages for genetic algorithm optimization. So when I came across an InfoWorld article on the acceleration capabilities of GPU-based processing, I clicked right through to find out more about the gizmos called GPUs. A GPU (Graphics Processing Unit) is […]

# Daily Archives: January 30, 2009

## Is Beta Better?

From a theoretical perspective, the Beta distribution is intimately related to the Binomial distribution. In this context it represents the distribution of the uncertainty of the probability parameter of a Binomial process based on a certain number of observations. As a distribution of probability, its range is clearly between zero and one, and as it […]