Monte Carlo Spreadsheet Simulation using Resampling
The ubiquitous spreadsheet can be used to model situations with random values, in what is commonly referred to as Monte Carlo simulation. For simple cases, adding random functions (like ExcelTM’s RAND) is enough. In general business models, complex inverse distribution functions, in combination wi...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2007
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| Online Access: | https://ink.library.smu.edu.sg/sis_research/1196 http://dx.doi.org/10.1287/ited.7.3.188 |
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| Institution: | Singapore Management University |
| Language: | English |