85 What’s the next step?
I’m ending here, but there’s still more to learn about simulations. For a simulation to explore long-run behavior, some process is going to be repeated many times. We did this via replicate()
. The next step would be to extract whatever results are of interest. This latter process is often going to involve some sort of looping.
By saving our generated variables or data.frames into a list we’ve made it so we can loop via list looping functions like lapply()
or purrr::map()
. The family of map functions are newer and have a lot of convenient output types that make them pretty useful. If you want to see how that might look for a simulations, you can see a few examples in my blog post A closer look at replicate() and purrr::map() for simulations.
Happy simulating!