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In many simulation studies the experimenter (the person running the simulation) has under consideration several (two or more) proposed procedures (e.g., for running a real-world system), and is simulating in order to determine which is the best procedure (with regard to certain specified criteria of “goodness”). Such an experimenter does not(More)
“Ranking and selection” procedures are statistical procedures appropriate for use in situations where the experimenter's goal is to “select the best” (selection) or to “rank competing alternatives” (ranking). These goals are often present in simulation studies, which are often performed in order to select that one of(More)
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