Hi,
I want to compare some models. As I have noticed, they generate 100 simulated data sets and run the models on each one of those data sets and average the results. As you know, running a model 100 times is way too much. I'm sure there must be some automatic methods for that. Do you have any idea? I read about Mont Carlo algorithm but I'mnot sure how to use it. Maybe I should define a loop?
Thank you