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| | 11.3 Monte Carlo Methods |
 | | As can be seen from the graph, the average is almost constant from the start, as it should, because of unbiasedness, while the range decreases very slowly, as it should, because of extreme value theory. |
 | | In fact, in most cases, two different samples have to be used, if only because the support of the importance distribution for the numerator is not the whole space, unless, of course, all normalising constants are known. |
 | | Specific Monte Carlo methods for the estimation of ratios of normalizing constants, or, equivalently, of Bayes factors, have been developed in the past five years. |
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