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Simulation Output

In: Foundations and Methods of Stochastic Simulation

Author

Listed:
  • Barry L. Nelson

    (Northwestern University)

  • Linda Pei

    (Northwestern University)

Abstract

This chapter describes simulation output analysis, specifically estimating means, probabilities, and quantiles of simulation output, along with measures of error on these estimates. The distinction between risk and error is emphasized, along with the impact of uncertainty about the input processes that drive the simulation.

Suggested Citation

  • Barry L. Nelson & Linda Pei, 2021. "Simulation Output," International Series in Operations Research & Management Science, in: Foundations and Methods of Stochastic Simulation, edition 2, chapter 0, pages 179-197, Springer.
    • Handle: RePEc:spr:isochp:978-3-030-86194-0_7
    DOI: 10.1007/978-3-030-86194-0_7
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