Abstract
Statistical methods for designing and analyzing simulation experiments were examined. Two types of performance measures: terminating (or transient) and steady-state (or infinite-horizon) were discussed. The different statistical techniques used for analyzing the results from terminating and steady-state simulations were reviewed. Variance-reduction techniques (VRT) used for simulation, such as common random numbers, antithetic values, method of control variates, and importance sampling were also discussed.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 49-58 |
| Number of pages | 10 |
| Journal | Winter Simulation Conference Proceedings |
| Volume | 1 |
| State | Published - 2003 |
| Event | Proceedings of the 2003 Winter Simulation Conference: Driving Innovation - New Orleans, LA, United States Duration: Dec 7 2003 → Dec 10 2003 |
All Science Journal Classification (ASJC) codes
- Software
- Modeling and Simulation
- Safety, Risk, Reliability and Quality
- Chemical Health and Safety
- Applied Mathematics