simulate

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Simulation

The use of a mathematical model with different values as variables in order to determine the likelihood of a particular outcome. A simulation is run many times (often thousands) in order to find the most likely outcome. Running simulations is important for analysts who, for example, wish to predict a security's future price movements.

simulate

To create an artificial environment or circumstance that closely resembles reality so that people may test their predictions about behavior or practice their skills. One may purchase simulation software to help new real estate agents learn how to interact with buyers and sellers or house-flipping simulation software to learn the tricks and perils of that process.

References in periodicals archive ?
The extended opportunities afforded by web-accessibility seem to have the effect of making the simulation experience an important part of students' day to day lives, if only for a semester (for more on the sustained impact of political simulations (c.
That new simulation traces the fate of the universe's original stocks of energy and matter from just a few hundred thousand years after the Big Bang to the present.
5D software, still by far the dominant simulation technology, recently was enhanced to model microcellular foaming (Trexel's MuCell process) and variable-orifice valve gating (Synventive's Dynamic Feed).
In these areas, future simulation technologies stand to have the greatest impact for law enforcement personnel.
The insight gained from simulation of a representative die, when combined with experience and intuition, can be applied broadly to dies for products with similar shapes.
Recognizing that training simulations were a cost-effective means of training the armed forces, the creation of a simulation center became the target goal.
The purpose of this study was to validate the appropriateness of the computerized case simulation program developed by Berven and Scofield (1980) as a tool to evaluate case management performance using a sample of rehabilitation students and rehabilitation counselors in the state of Texas.
Access to simulations cannot be restricted, although only the publisher can view or edit the models.
Troy, Ml), of integrating simulation applications not only to themselves but to other applications as well, including enterprise software,
Simulations indicated whether the gating system was turbulent or laminar, and whether the casting filled evenly and uniformly.

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