Alternative methods for interpreting Monte Carlo experiments

Author(s)Collier, Zachary K.
Author(s)Zhang, Haobai
Author(s)Soyoye, Olushola
Date Accessioned2022-06-29T13:42:32Z
Date Available2022-06-29T13:42:32Z
Publication Date2022-06-06
DescriptionThis is an Accepted Manuscript of an article published by Taylor & Francis in Communications in Statistics - Simulation and Computation on 06/06/2022, available at: http://www.tandfonline.com/10.1080/03610918.2022.2082474. This article will be embargoed until 06/06/2023.en_US
AbstractResearch methodologists typically use descriptive statistics and plots to report the findings of Monte Carlo experiments. But previous literature suggests that Monte Carlo results deserve careful analysis rather than relying on simple descriptive statistics and plots of results, given the complex data conditions in simulation studies. As an alternative, data mining methods can also help readers digest Monte Carlo experiments. Therefore, our paper uses data mining methods to provide two novel contributions. First, we use detailed descriptions and code to illustrate how to use two data mining methods to analyze results from Monte Carlo experiments. Second, we demonstrate how data mining methods can be used in conjunction with interpreting plots, performing analysis of variance tests, and calculating effect sizes. Our study raises the awareness that there are alternative methods to interpretation and serves as a guide to readers for explaining the importance of manipulated conditions in Monte Carlo experiments.en_US
CitationZachary K. Collier, Haobai Zhang & Olushola Soyoye (2022) Alternative methods for interpreting Monte Carlo experiments, Communications in Statistics - Simulation and Computation, DOI: 10.1080/03610918.2022.2082474en_US
ISSN1532-4141
URLhttps://udspace.udel.edu/handle/19716/31039
Languageen_USen_US
PublisherCommunications in Statistics - Simulation and Computationen_US
Keywordsdata miningen_US
Keywordsmixture modelen_US
KeywordsMonte Carlo simulationen_US
TitleAlternative methods for interpreting Monte Carlo experimentsen_US
TypeArticleen_US
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