Simultaneous Estimation of Several Persentiles
نویسنده
چکیده
In many simulation studies the performance of the modeled system is characterized only by mean values of the performance indices. However, the percentiles are more informative in summarizing the performance. Several simultaneous percentiles, presented for example in the form of the boxplot, provide the analyst with better understanding of the system's behaviour. The simultaneous estimation of several percentiles is a cumbersome task. The extended P 2-algorithm proposed in this study signiicantly reduces the computation of the estimation. The algorithm simultaneously estimates several percentiles without storing and sorting the observations. Empirical validation studies indicate that the algorithm can be used in simulation studies.
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