filipe wrote on Feb 16th, 2009, 10:31am:Vivkr,
This is exactly my question. How can I calculate the accuracy of the mean and standard deviation? When can I find an explanation about it?
Thanks a lot
Filipe
After running the Monte Carlos and collecting the results you can calculate confidence interval for mean,sigma.
One is based on Student-t deviation, the other is based on CHI-SQUARE deviation. You can find more details in every basic statistics books.
If you would like, I could look up the equations.
Cheers