If you use Excel 40 hours a week (and those are the weeks you are on vacation), welcome to the MrExcel channel. Home to 2,400 free Excel tutorials. Bill "MrExcel" Jelen is the author of 67 books about ...

Repeated convolution and truncation of a truncated fat-tailed distribution, instead of Monte Carlo simulation, for pricing a discrete, simple barrier option is presented. The parameters for the ...

Bob’s financial advisor just ran a “Monte Carlo analysis” for him.What’s a “Monte Carlo analysis”?It’s a tool used to test how a person’s retirement savings and plan would hold up given a variety of ...

The materials have been made available under an MIT license. The materials are as-is with no liability for the author. Please provide credit if you reuse the code in ...

1 Department of Pharmacy, Qilu Hospital (Qingdao), Cheeloo College of Medicine, Shandong University, Qingdao, Shandong, China 2 Department of Neurosurgery, Qilu Hospital (Qingdao), Cheeloo College of ...

Forbes contributors publish independent expert analyses and insights. I track enterprise software application development & data management. AI is all about logic, but not all of it is straightforward ...

Monte Carlo simulation software has become an essential tool for businesses and researchers aiming to improve risk analysis and decision-making processes. By simulating numerous scenarios based on ...

Mathematical & Statistical topics to perform statistical analysis and tests; Linear Regression, Probability Theory, Monte Carlo Simulation, Statistical Sampling, Bootstrapping, Dimensionality ...

1 Department of Fundamental Sciences and Techniques of Engineer, Chemical Engineering and Mineral Industries School, University of Ngaoundere, Ngaoundere, Cameroon. 2 Department of Mechanical ...