I was wondering if we can define a specific time period of each realization when running a Monte Carlo Simulation? For example, 1 realization starts in 1890 - 1895 and 2 realization starts 1896 - 1901 and so on?
Many Thank
I was wondering if we can define a specific time period of each realization when running a Monte Carlo Simulation? For example, 1 realization starts in 1890 - 1895 and 2 realization starts 1896 - 1901 and so on?
Many Thank
No. Statistically, it is not clear to me what that would even mean. What exactly are you trying to do? If you are trying to use different historical values from a Time Series element, you can do this: https://help.goldsim.com/#!Modules/5/timeshiftingtimeseriesdata.htm
Hi Rick,
My purpose is to demonstrate time shifting historic data in a Time Series element. Let say, the model runs (starting on January 1) with a daily timestep under Monte Carlo. Every realization, I want to define a starting year and ending year. For example, 1 realization starts in 1890 - 1895 and 2 realization starts 1896 - 1901 and so on.
Peter,
For each realization, you can pick a different set of times to use from the Time Series (that is what the time shifting link explains). However, the simulation itself cannot have different time settings for each realization. As I said, I don't understand what that would mean statistically. Each realization is a different "possible future" for the same time settings.
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