Concluding Remarks

The results reported in this article suggest that it is possible to reliably compute moderately accurate multivariate normal probabilities for practical problems with as many as ten variables, in a few seconds or less of workstation time, if relatively straightforward transformations of the integrals are initially carried out. It is then possible to use standard numerical integration software for the computations. For higher accuracy work, the simple Monte-Carlo algorithm converges slowly (this is expected theoretically) and the use of some type of adaptive algorithm is probably necessary.




2004-11-30