The Simulate feature provides powerful parametric and nonparametric simulation capability. Use Simulate to do the following:
• Expand on the bootstrap to provide parametric bootstrapping.
• Obtain power calculations in nonstandard situations.
• Approximate the distribution of statistics, such as predicted values, and confidence intervals, in nonstandard situations.
• Conduct permutation tests.
• Explore the effect of assumptions about predictors on models.
• Explore various “what if” scenarios relative to your models.
• Evaluate new or existing statistical methods.
The Simulate feature is available in many reports, including all of those that support Bootstrap. To access Simulate, right-click in a report.
Figure 10.1 Power Analysis Using Simulate