Sampling

If the Analysis Type = Probabilistic in the General tab of the Project Settings dialog, then the following options will be enabled in the Sampling tab of the Project Settings:

• Sampling Method
• Number of Samples

Sampling Method

The Sampling Method is the algorithm the program uses to generate samples for each statistical simulation. The program can use either Monte Carlo or Latin Hypercube methods. The Latin Hypercube technique produces comparable results to the Monte Carlo technique, but with fewer samples. Typically, an analysis with 1000 samples generated by the Latin Hypercube method will produce comparable results to an analysis using 5000 samples produced by the Monte Carlo method.

Number of Samples

The default number of samples is 10000.