The main reason that a large number of replications of a simulation would be made is:
A)computers are usually used,and they can easily handle a large number of replications
B)it is part of the scientific approach
C)it is a form of sampling,and large samples give more accurate results than small samples
D)it is more likely to provide optimal answers
E)None of the above

Question

The main reason that a large number of replications of a simulation would be made is:
A)computers are usually used,and they can easily handle a large number of replications 
B)it is part of the scientific approach 
C)it is a form of sampling,and large samples give more accurate results than small samples 
D)it is more likely to provide optimal answers 
E)None of the above

Quizplus · Accepted Answer

Replications of a simulation are a form of sampling, and larger samples tend to give more accurate results than smaller samples, reducing any sampling errors. Therefore, making a large number of replications helps in obtaining a more accurate and reliable estimate of the simulation model's behavior. Moreover, it helps in identifying the variability in the results, which can be significant in some cases. The other options mentioned are not the primary reasons for making a large number of replications of a simulation.

The Main Reason That a Large Number of Replications of a Simulation