Wednesday, August 23, 2017

Evaluating Simulations

We will see practical examples of applications of simulations and evaluate their effectiveness and implications. Some common fields that have been subjected to modeling and simulation are:
- Weather forecasting
- Stock Exchange
- Genetics and evolution
- Training simulators, excluding Flight Simulators

Working in pairs, your assigned task will be to choose one of these fields and answer the following questions:
Find web sites or direct references to computer simulations within the chosen field.
How complex is the underlying model and on what theory/equations is it based?
To what extent are the above simulations being used for real-life or research/training purposes and why?
Based on the above, what is the reliability and effectiveness of the model and related simulation? (This is the most important question!)


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