Multiplicative Process Program Random multiplicative process analysis made easy.
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Multiplicative Process Program Description

Multiplicative Process Program is a handy, Java based simulation application designed to display the outcome of a random multiplicative process, a product of random numbers. Examples of multiplicative processes include the distributions of incomes, rainfall, and the fragments sizes in rock crushing processes. Consider the latter for which we begin with a rock of size w. We strike the rock with a hammer and generate two fragments whose sizes are pw and (1-p)w. What is the distribution of the fragments after N blows of the hammer? The default is the random product of two numbers x1 and x2 with probability p = 1/2 multiplied N=4 times.

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