probabilistic_simulation

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probabilistic_simulation [2014/06/02 16:26] erik created |
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- | A probablistic simulation, or [[wp>monte carlo method|Monte Carlo simulation]] is used to calculate the risk or uncertainty in simulation results from uncertainty/variability in the simulation inputs ([[parameter|parameters)). | + | A probablistic simulation, or [[wp>monte carlo method|Monte Carlo simulation]] is used to calculate the risk or uncertainty in simulation results from uncertainty/variability in the simulation inputs ([[parameter|parameters]])). |

Instead of running one simulation, many simulations are run where the parameter values are randomized to cover as many combinations of parameter values as possible. | Instead of running one simulation, many simulations are run where the parameter values are randomized to cover as many combinations of parameter values as possible. |

probabilistic_simulation.txt ยท Last modified: 2014/06/09 12:01 (external edit)