What type of algorithm would you use in that scenario

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Describe a scenario in which the stochastic simulation algorithm above performs poorly computation time-wise but a purely deterministic approach integrating the corresponding ODEs is also not accurate.

Question 1. What type of algorithm would you use in that scenario instead?

Question 2. Describe the main idea how this algorithm is connected to the stochastic simulation algorithm and the deterministic ODE description.

Reference no: EM133217898

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