Saturday, June 19, 2010

ACEGES software: Smoothing the Monte Carlo Oil Production data

Following from my last posting, these are some figures (Ecuador & US out of the 93 countries modeled) of the simulated data, generated using the ACEGES software and analysed using the R statistics software.

Black line is the actual production, blue dots is a sample of the 3.2 million (simulated) records (see last figure - US) and the density is based on the whole 'population' of the 3.2 million records.












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