Simulation Modeling and Analysis
Simulation Modeling and Analysis
Displaying statistical point estimators: the leading-digit procedure
Proceedings of the 40th Conference on Winter Simulation
The more plot: displaying measures of risk & error from simulation output
Proceedings of the 40th Conference on Winter Simulation
Synopses for Massive Data: Samples, Histograms, Wavelets, Sketches
Foundations and Trends in Databases
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The focus of simulation software environments is on developing simulation models; much less consideration is placed on reporting results. However, the quality of the simulation model is irrelevant if the results are not interpreted correctly. The manner in which results are reported, along with a lack of standardized guidelines for reports, could contribute to the misinterpretation of results. We propose a hierarchical report structure where each reporting level provides additional detail about the simulated performance. Our approach utilizes two recent developments in output analysis: a procedure for omitting statistically meaningless digits in point estimates, and a graphical display called a MORE Plot, which conveys operational risk and statistical error in an intuitive manner on a single graph. Our motivation for developing this approach is to prevent or reduce misinterpretation of simulation results and to provide a foundation for standardized guidelines for reporting.