Lecture J3 (2020-11-10): Estimation of Absolute Performance, Part 3

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IEE 475: Simulating Stochastic Systems

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This lecture continues to discuss issues related to estimating absolute performance from transient and steady-state simulations (of terminating and non-terminating systems, respectively). We continue to emphasize the importance and utility of interval estimations (over point estimates). We then move on to discuss experimental methodologies useful for steady-state simulations, particularly related to eliminating estimator bias and reducing computational time.