my urn contains the numbers 1.3 and 0.9, which I would like to draw 35 times per simulation with replacement. Then perform a final calculation, from which the result is appended to a list. In total I would like to perform 10000 simulations.
My code looks like this:
#Draw either 1.3 or 0.9
returns = [1.3,0.9]
#No. of simulations
simulations = 10000
#10000 for loops
for i in range(simulations):
lst = []
#each iteration should include 35 random draws with replacement
for i in range(35):
lst.append(random.choices(returns,1))
lst = np.array(lst)
#Do final calculation and append solution to list
ret = []
ret.append((prod(lst)^(1/35))-1)
The error i receive is TypeError: 'int' object is not iterable
. I understand why it's not working as i am trying to convert an integer to a list object....but i just don't know how to solve this?
Full stack trace:
---------------------------------------------------------------------------
TypeError Traceback (most recent call last)
<ipython-input-15-5d61655781f6> in <module>
9 #each iteration should include 35 random draws with replacement
10 for i in range(35):
---> 11 lst.append(random.choices(returns,1))
12
13 lst = np.array(lst)
~/opt/anaconda3/lib/python3.7/random.py in choices(self, population, weights, cum_weights, k)
355 total = len(population)
356 return [population[_int(random() * total)] for i in range(k)]
--> 357 cum_weights = list(_itertools.accumulate(weights))
358 elif weights is not None:
359 raise TypeError('Cannot specify both weights and cumulative weights')
TypeError: 'int' object is not iterable
If you want to convert lst to a numpy
array, you can instead use numpy.random.choice
. This will also remove the need of the for loop.
import numpy as np
#Draw either 1.3 or 0.9
urn = [1.3,0.9]
#No. of simulations
simulations = 10000
#No. of draws
draws = 35
# simulate the draws from the urn
X=np.random.choice(urn,(draws,simulations))
# print first 10 elements as a check
print(X[1:10])
# print shape as a check
print(X.shape)
output:
[[1.3 1.3 1.3 ... 0.9 1.3 1.3]
[0.9 1.3 0.9 ... 0.9 0.9 0.9]
[0.9 1.3 0.9 ... 1.3 1.3 0.9]
...
[1.3 0.9 0.9 ... 1.3 0.9 0.9]
[1.3 1.3 1.3 ... 0.9 0.9 1.3]
[1.3 1.3 0.9 ... 0.9 1.3 1.3]]
(35, 10000)
I changed the name of returns to urn. returns is a bit confusing in python.