The Subinterval Method (Batch Mean Method)

• Only one simulation run is performed.

• After deleting the run-in period, the remainder of the run is divided into n equal batches, with each batch mean representing a single observation.

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Output

parameter

Transient

period

Batch 1

Batch 2

Batch 3

Batch n

0

t

t+T

t+2T

t+3T

t+(n-1)T

t+nT

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