Hello,
I don't understand why you call it Monte-Carlo, since it is not... Try to look at the inversion method, or the rejection method. (You can do it yourself...)
As for the R code, tell me first if you need ot use inversion or rejection method.
Hi, I need assistance solving this problem. Thanks
Determine a method to generate random observations for the cauchy distribution with pdf
f(x)={ 1/Θ³ 3x² е(-x³/Θ³) 0<x<
------0 elsewhere
If access is available, write an R function which returns a random sample of observations from a cauchy distribution