7. Let Xi=iZ+1i2i for 1im and where Z,iN(0,1). Given ci,xi for 1im The total loss is given by L=k=1m ck1(xk,)(Xk). Implement the MC method to approximate P(L>h). Approximate the probability with m=3,1=.5,2=.2,3=.6,c1=1,c2=1,c3=1, x1=1,x2=1,x3=1,h=2. Take the number of samples to be 5000 ..

1. 7. Let Xi=iZ+1i2i for 1im and where Z,iN(0,1). Given ci,xi for 1im The total loss is given by L=k=1m
ck1(xk,)(Xk). Implement the MC method to approximate P(L>h). Approximate the probability with
m=3,1=.5,2=.2,3=.6,c1=1,c2=1,c3=1, x1=1,x2=1,x3=1,h=2. Take the number of samples to be
5000 .