How to do statistical simulation?
The 2022-2023 Journal's Impact IF of Journal of Statistical Computation and Simulation is 1.225, which is just updated in 2023..
What do you mean by statistical computation?
Computational statistics, or statistical computing, is the bond between statistics and computer science, and refers to the statistical methods that are enabled by using computational methods.
It is the area of computational science (or scientific computing) specific to the mathematical science of statistics..
What is the impact factor of the journal of statistical computation and simulation?
Simulation studies are used to obtain empirical results about the performance of statistical methods in certain scenarios, as opposed to more general analytic (algebraic) results, which may cover many scenarios.
It is not always possible, or may be difficult, to obtain analytic results..
What is the role of simulation in statistics?
Computational statistics concerns the development and use of computer algorithms to provide numerical solutions to problems in statistics that are analytically difficult or intractable..
Why do we use simulation in statistics?
Simulation studies are used to obtain empirical results about the performance of statistical methods in certain scenarios, as opposed to more general analytic (algebraic) results, which may cover many scenarios.
It is not always possible, or may be difficult, to obtain analytic results..
- Simulation modeling solves real-world problems safely and efficiently.
It provides an important method of analysis which is easily verified, communicated, and understood.
Across industries and disciplines, simulation modeling provides valuable solutions by giving clear insights into complex systems.
