1. Computer simulation is likely to be most useful:
For problems with minimal complexity
For non-probabilistic problems
For problems involving random variables
Regardless of the problem's complexity
For problems well suited to classical analytical models
2. When choosing a probability distribution in an RSPE simulation, it is important to:
compare the sample data statistics with standard values
consider the fit statistic
run at least 10,000 simulation trials
check the similarity between the input data and the output data
carefully define the output cells