This book is for the beginner to learn probability distributions and variable transformation in Probability theory and Statistics by Excel or VBA programs, such as, especially, the sampling ...

Set Up Random Variables Use Excel functions to simulate random values based on your identified distributions. For instance: Uniform Distribution: Use RANDBETWEEN (min, max) for a simple range of ...

Stephen Hall continues his series on how to use Excel for project engineering. Download the interactive workbook to experiment with as the series develops People often ask me if my simulations include ...

Journal of the Royal Statistical Society. Series D (The Statistician), Vol. 51, No. 1 (2002), pp. 31-40 (10 pages) The paper demonstrates the use of functions provided by EXCEL for simulation of two ...

In the previous notes, I have prepared 1) the expected return and volatility of investment targets and 2) two mutually correlated random numbers following a standard normal distribution, which are ...

SimSci-Esscor Inplant 4.1 simulation software, a program that simulates multiphase flow in plant utility and relief networks, provides the flexibility to model applications ranging ...

This has already been done in a previous note ("New NISA investment strategy to be studied in Excel: First, generate random number following a standard normal distribution").