Input elements Elements that are used to define basic inputs for a model. define the inputs to your model. There are five input elements in GoldSim: Data, Stochastic, Time Series, Lookup Table and History Generator.
Data elements and Stochastic elements are considered “basic input elements”. The other three are somewhat more advanced. Data elements allow you to specify a single scalar An output consisting of a single value or condition. value (e.g., the discount rate) or an array A collection of variables that share common output attributes and can be manipulated in GoldSim elements or input expressions. of related values (e.g., the salaries of each individual in a group). Stochastic elements allow you to specify that a particular value is uncertain by defining it as a probability distribution A mathematical representation of the relative likelihood of a variable having certain specific values. It can be expressed as a PDF (or a PMF for discrete variables), CDF or CCDF.. Time Series elements allow you to specify a time series of a value (e.g., monthly rainfall rates, quarterly cash flows). Lookup tables allow you to create response surfaces. History Generators provide a mechanism for creating stochastic time series based on statistical inputs.