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A Steady State Results When a Simulation Is Repeated Enough

question 8

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A steady state results when a simulation is repeated enough times that the random variable being investigated reaches an average result that remains constant.


Definitions:

Effect Size

A quantitative measure of the magnitude of the experimental effect from a study.

Standard Error of Mean

The estimation of the standard deviation of the sample mean, reflecting the variability of the sample mean from the population mean.

Two-Tailed

Pertaining to tests of statistical significance that consider both directions of deviation from a null hypothesis.

Null Hypothesis

A statistical hypothesis that proposes there is no significant difference or effect and that any observed variation is due to chance.

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