Randomized Runs
Key Randomized Runs in Simulation Report refers to the total number of randomized sub-simulations.
Each sub-simulation entails a number of scenarios and the sum of these numbers over all sub-simulations equals the number at Scenarios
Assuming that all sub-simualtions contain the same number of scenarios and are also stochastically independent form each other, the average of their averages is an estimate of the overall average over all scenarios.
So far, the technique of randomized runs is only used with Low Discrepancy in order to estimate the standard deviation of the simulated quantity.