What is a Monte Carlo Simulation? Well, think about it as a computation process
that utilized random numbers to derive outcome. So instead of having fixed
inputs, probability distributions are assigned to some or all of the inputs.
This will generate a probability distribution for the output after the
simulation is ran.
Here is an example. A firm that sells product X under a pure/perfect competition market wants to know the probability distribution for the profit of this product and the probability that the firm will loss money when marketing it
See Examples below;
Standard Deviation and Mean
Lotto Number Generator >
Playing Card Probability >
Normal Distribution Random Number Generator >
Monte Carlo Integration >
Black-Scholes Option Pricing Model - European Call and Put >
Binomial Option Pricing Model >
Portfolio Optimization >
Multiple Regression >
Bootstrap - A Non-Parametric Approach >
Multivariate Standard Normal Probability Distribution >
Monte Carlo Simulation >
Option Greeks Based on Black-Scholes Option Pricing Model.
Special! Free Choice of
Complete Excel Training Course
or Excel Add-ins Collection
on all purchases totaling over
ALL purchases totaling over $150.00 gets you BOTH! Purchases MUST be made via this site. Send payment proof to [email protected] 31 days after purchase date.
Instant Download and Money Back Guarantee on Most Software
Excel Trader Package Technical Analysis in Excel With $139.00 of FREE software!
Microsoft ® and Microsoft Excel ® are registered trademarks of Microsoft Corporation. OzGrid is in no way associated with Microsoft