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Perform business simulations

Perform business simulations: Statistics with Excel Part Two
Perform business simulations: Statistics with Excel Part Two

A business might have several components, each of which has a distribution of possible outcomes. A simulation that combines these components and shows net outcome can be a valuable tool for long-term planning. Joe shows you how to combine Monte Carlo simulation with a data table and Excel's new Histogram graph to produce this kind of model.

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Skill Level Beginner
1h 59m
Duration
38,508
Views
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Skills covered in this course
Business Intelligence Big Data IT Tableau QlikView Excel

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