Advantages of Simulation :
Flexibility to model things as they are (even if messy and complicated)
Allows uncertainty, nonstationarity in modeling
Advances in simulation software
Far easier to use (GUIs)
No longer as restrictive in modeling constructs (hierarchical, down to C)
Statistical design & analysis capabilities
Flexibility to model things as they are (even if messy and complicated)
Allows uncertainty, nonstationarity in modeling
Advances in simulation software
Far easier to use (GUIs)
No longer as restrictive in modeling constructs (hierarchical, down to C)
Statistical design & analysis capabilities
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