Approximate simulation replications needed for a target Monte Carlo error

Usage

recommended_validation_replications(
  target_mcse = 0.01,
  metric = c("coverage", "mean"),
  anticipated_sd = 1,
  anticipated_probability = 0.95,
  minimum = 100L
)

Arguments

target_mcse: Target Monte Carlo standard error.
metric: Metric to calculate or audit.
anticipated_sd: Anticipated standard deviation.
anticipated_probability: Anticipated probability for a binary metric.
minimum: Minimum acceptable value or threshold.