QM chapter 14
what if analysis
a form of model experimentation using a computer to ascertain the results of making changes in a model
computer mathematical simulation
a system is replicated with a mathematical model that is analyzed by using the computer
monte carlo
a technique for selecting numbers randomly from a probability distribution (it is an analogous to gambling devices)
simulated time
long period of real time is represented by a short period of simulated time
random numbers
numbers likely to be chosen from a large population of numbers
pseudorandom numbers
random numbers generated by a mathematical process instead of a physical process
analogue simulation
replaces a physical system with an analogous physical system that is easier to manipulate
random number table
the random numbers are derived from some artificial process, like a computer program
