Chapter 4: Simulating Time Series Data

Question 1

What is Heuristic simulations?

Answer 1

We decide how the world should work, ensure it makes sense, then code it up, one rule at a time.

Question 2

What Discrete event simulation?

Answer 2

We build individual actors with certain rules in our universe and then run those actors to see how the universe evolves over time.

Question 3

What are Physics based simulations?

Answer 3

We apply physical laws to see how a system evolves over time.