Figure 1: A Histogram in Excel for the response variable Profit, created using a Bar Chart. (From a Monte Carlo simulation using n = 5000 points and 40 bins).We can glean a lot of information from this histogram:It looks like profit will be positive, most of the time. The ...
Data Availability Data used to illustrate the use of the functions described in this work were generated by computer simulation and can be accessed, as well as their corresponding documentation, by installing the R package RDARBS created by the authors....
Specifically, the Monte Carlo Simulation randomly selects data points "but with the probability that each draw is controlled to approximate the actual probability of occurrence (McLeish 2005)." Excel has the capability of creating a random number generator. As stated, management is uncertain about ...
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C2top electrode capacitance at vacuum with no plasma and C4filter capacitance which has a nominal value. All variables may be real and positive numbers. Calculated values may then be used as inputs for circuit simulation to predict circuit behavior for different conditions and Monte Carlo analysis...