Uncertainty Quantification for Fat-Tailed Probability Distributions in Aircraft Engine Simulations
Uncertainty Quantification for Fat-Tailed Probability Distributions in Aircraft Engine Simulations
Rare event simulation is vital for industrial design because some events, so-called black swans, can have fatal consequences despite their low probability of occurrence. Finding low-probability events far off the mean design is a challenging task for realistic engineering models because they are characterized by high computational demands, many input …