Experiment Design and Analysis

Barry L. Nelson and Linda Pei
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Barry L. Nelson: Northwestern University
Linda Pei: Northwestern University

Chapter Chapter 8 in Foundations and Methods of Stochastic Simulation, 2021, pp 199-229 from Springer

Abstract: Abstract The purpose of simulation, at least in this book, is to estimate the values of performance measures of a stochastic system by conducting a statistical experiment on a computer model of it. This chapter describes principles and methods for the design and analysis of that experiment.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-3-030-86194-0_8

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DOI: 10.1007/978-3-030-86194-0_8

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