What does back-testing help to achieve in LMS Substation 2-2?

Back-testing is a critical process in the context of LMS Substation 2-2, particularly when it comes to validating simulation results. This technique involves comparing the outcomes of a model with actual real-world data to ensure that the model accurately predicts or represents system behavior. By utilizing back-testing, users can confirm that their simulations align closely with the historical performance of the system under investigation. This validation process not only enhances the reliability of simulations but also helps users build confidence in their results, ensuring that decisions based on the model are informed and trustworthy.

In contrast, user knowledge assessment, performance benchmarking, and equipment cost estimation serve different purposes. User knowledge assessment focuses on understanding users' proficiency and skill within the system, which does not directly relate to validating simulations. Performance benchmarking compares the performance of different systems or components against a standard, while equipment cost estimation involves calculating financial expenditures involved in equipment procurement and does not address the accuracy of simulation outcomes.