Preview (2 of 1 Pages)100%Purchase to unlockPage 1Loading page ...TheRoleandImpactofPseudorandomNumbersinSimulationsDiscussion1Whydoweusepseudorandomnumbersinsimulations?Howdopseudorandomnumbersaffecttheaccuracyofasimulation?Weusepseudorandomnumbersinsimulationsbecauseweneedtoemploytheuseofrandomnumbers.Theonlywaytotrulyderiveatrandomnumberswouldbebyprocessofspinningaroulettewheel“(TaylorIl,2011,p.634)".Theuseofpseudorandomnumbersprovidesanartificialmannerofrandomnumbercreationforuseinsimulations.Pseudorandomnumbersarecreatedthroughamathematicalprocessthatareuniformlydistributed,notreflectiveofasequentialpatternandmaintainanefficientnumericaltechnique“(TaylorIll,2011,p.634)".Theaffectofpseudorandomnumbersonasimulationcanbeextensiveifthenumbersarenotsignificantlyrandom.Thelackoftrulyrandomnumberswillcauseinvalidresults,whichmeansthatthesimulationisnotpracticalfortheintendeduse.Ifthepseudorandomnumbersmeetthecriteriaasmentionedinparagraphoneabovethenthesimulationwillproducevalidresults“(TaylorIll,2011,p.634)”.|—StudyXYPage 2Report