IDEAS home Printed from https://ideas.repec.org/p/boc/usug16/17.html
   My bibliography  Save this paper

Using simulation studies to evaluate statistical methods in Stata: A tutorial

Author

Listed:
  • Tim P. Morris

    (MRC Clinical Trials Unit, University College London, UK)

  • Ian White

    (MRC Biostatistics Unit, Cambridge)

  • Michael Crowther

    (University of Leicester)

Abstract

Simulation studies are an invaluable tool for statistical research, particularly for the evaluation of a new method or comparison of competing methods. Simulations are well used by methodologists but often conducted or reported poorly, and are underused by applied statisticians. It's easy to execute a simulation study in Stata, but it's at least as easy to do it wrong. We will describe a systematic approach to getting it right, visiting the following: Types of simulation study; An approach to planning yours; Setting seeds and storing states; Saving estimates with simulate and postfile; Preparing for failed runs and trapping errors; The three types of dataset involved in simulations; Analysis of simulation studies; Presentation of results (including Monte Carlo error). This tutorial will visit concepts, code, tips, tricks, and potholes, with the aim of giving the uninitiated the necessary understanding to start tackling simulation studies.

Suggested Citation

  • Tim P. Morris & Ian White & Michael Crowther, 2016. "Using simulation studies to evaluate statistical methods in Stata: A tutorial," United Kingdom Stata Users' Group Meetings 2016 17, Stata Users Group.
    • Handle: RePEc:boc:usug16:17
    as

    Download full text from publisher

    File URL: http://repec.org/usug2016/morris_uksug16.pdf
    File Function: presentation slides
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hafezali Iqbal Hussain & Janusz Grabara & Mohd Shahril Ahmad Razimi & Saeed Pahlevan Sharif, 2019. "Sustainability of Leverage Levels in Response to Shocks in Equity Prices: Islamic Finance as a Socially Responsible Investment," Sustainability, MDPI, vol. 11(12), pages 1-16, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:boc:usug16:17. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christopher F Baum (email available below). General contact details of provider: https://edirc.repec.org/data/stataea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.