By Michelle Jackson
This event is designed to provide an entry-level introduction into probabilistic analysis and will show how Monte Carlo simulation and other techniques can be applied to your everyday business analyses. Using Monte Carlo simulation, @RISK will analyze many different scenarios all at once, giving you more insight into what could happen. We’ll look at example models including a basic revenues/cost/profits model, an NPV model, and a Cost Estimation model, to give you an idea of how quickly you can get started in probabilistic modeling in Excel. If you build models in Excel then Palisade solutions can almost certainly help you to make more informed decisions, right from your desktop.