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Journal ArticleDOI

A methodology for cost-risk analysis in the statistical validation of simulation models

Osman Balci, +1 more
- 01 Apr 1981 - 
- Vol. 24, Iss: 4, pp 190-197
TLDR
A methodology is presented for constructing the relationships among model user's risk, model builders' risk, acceptable validity range, sample sizes, and cost of data collection when statistical hypothesis testing is used for validating a simulation model of a real, observable system.
Abstract
A methodology is presented for constructing the relationships among model user's risk, model builder's risk, acceptable validity range, sample sizes, and cost of data collection when statistical hypothesis testing is used for validating a simulation model of a real, observable system. The use of the methodology is illustrated for the use of Hotelling's two-sample T 2 test in testing the validity of a multivariate stationary response stimulation model.

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Citations
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Journal ArticleDOI

Verification and validation of simulation models

TL;DR: Three approaches to deciding model validity are described, two paradigms that relate verification and validation to the model development process are presented, and various validation techniques are defined.
BookDOI

Handbook of Simulation

Eric R. Ziegel, +1 more
- 28 Aug 1998 - 
TL;DR: The Abstract Object class defines and characterizes all the essential properties every class in this design has in this 404 OBJECT-ORIENTED SIMULATION.
Proceedings ArticleDOI

Validation and verification of simulation models

TL;DR: Four different approaches to deciding model validity are described, and a recommended procedure for model validation is presented, as well as various validation techniques defined.
Proceedings ArticleDOI

Verification and validation of simulation models

TL;DR: In this article, verification and validation of simulation models are discussed, and four different approaches to deciding model validity are described; various validation techniques are defined; conceptual model validity, model verification, operational validity and data validity are discussed; a way to document results is given; a recommended procedure for model validation is presented; and accreditation is briefly discussed.
References
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Book

Multivariate statistical methods

TL;DR: In this article, a text designed to make multivariate techniques available to behavioural, social, biological and medical students is presented, which includes an approach to multivariate inference based on the union-intersection and generalized likelihood ratio principles.
Book

Statistical Quality Control

TL;DR: This title is a substantial revision of one of the leading textbooks designed for the statistical quality control course taught in departments of industrial engineering, operations research and statistics and has incorporated key organizational changes in order to reflect recent trends in the field.
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Whats the point of a methodology

The methodology in the paper aids in analyzing cost-risk relationships for validating simulation models using statistical tests like Hotelling's T2 test, ensuring model accuracy within acceptable validity ranges.