Seven Steps Of a Simulation(Stats)
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State response variable
Describe the resulting variable found by conducting trials
Explain how trial will be simulated
Describe what you are pretending to do and when the trial will stop.
Explain components model will be modeled
How the digits will be allotted to the percentage chances of outcomes
Run several trials
Repeating trials
State your conclusion
State how average is relevant to the overall context
Analyze the response variable
Stats average of the trials
Identify component to be repeated
What the variable that is going to be selected?
