Bsc CSIT Semester 5 – Simulation and Modeling – Unit 7. Analysis of Simulation Output

Definition: Estimation methods in simulation are used to obtain approximate values of performance measures (such as mean, variance, waiting time, etc.) based on simulated data. --- Need for Estimatio

Definition: Initial bias (or transient bias) occurs when simulation results are affected by the initial starting conditions of the system rather than its long-run (steady-state) behavior. --- Import

1. Need for Confidence Interval in Simulation Output Simulation results are random and approximate because they are based on random inputs and limited runs. A confidence interval (CI) is needed to: K

(a) Hypothesis Testing Definition: Hypothesis testing is a statistical method used to make decisions about a population parameter based on sample data. --- Key Points: - Involves two hypotheses: -