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Perform business simulations

Perform business simulations: Excel Statistics Essential Training: 2 (2016)
Perform business simulations: Excel Statistics Essential Training: 2 (2016)

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
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