Simulation with Arena
Simulation with Arena
Simulation with Arena
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Why Toss Needles?• Buffon needle problem seems silly now, but it hasimportant simulation features:– Experiment to estimate something hard to compute exactly(in 1733)– Randomness, so estimate will not be exact; estimate theerror in the estimate– Replication (the more the better) to reduce error– Sequential sampling to control error — keep tossing untilprobable error in estimate is “small enough”– Variance reduction (Buffon Cross)<strong>Simulation</strong> <strong>with</strong> <strong>Arena</strong> — Chapter 1 — What is <strong>Simulation</strong>? 1 - 15