Simulating Data

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Would you like to be able to use SmartPLS to generate Monte Carlo data?

Yes
31
91%
No
3
9%
 
Total votes: 34

jjsailors
PLS Expert User
Posts: 62
Joined: Fri Oct 14, 2005 1:43 am
Real name and title:

Simulating Data

Post by jjsailors »

A great future feature would be the ability to generate Monte Carlo data: specify an inner model and an outer model and have the program generate data sets based on a specified distribution around the true values.
John J. Sailors, PhD
Associate Professor of Marketing
The University of St. Thomas
Opus College of Business
Minneapolis, MN
e09356

this would be excellent for the expert user

Post by e09356 »

dear christian and team,

to include monte carlo abilities with SmartPLS would be good but the output could exponentially increase the output and understanding for the new user.

i would suggest the feature be selectively available.
brad.
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