Statistical thinking in simulation design: a continuing conversation on the balancing intercept problem
share
Epidemiologists have a growing interest in employing computational approaches to solve analytic problems, with simulation being arguably the most accessible among all approaches. While previous literature discussed the utility of simulation and demonstrated how to carry out them, few have focused on connecting underlying statistical concepts to these simulation approaches, creating gaps between theory and application. Based on the recent series of discussions on the balancing intercept, we explain the growing complexity when generalizing the balancing intercept to a wider class of simulations and revise the closed-form equation for the balancing intercept under assumptions. The discussion can broadly inform the future design of more complex simulations and emphasize the importance of applying statistical thinking in the new era of computational science.
READ FULL TEXT
