Monte Carlo Simulation in Excel

What is Monte Carlo Simulation? The name Monte Carlo simulation comes from the computer simulations performed during the 1930’s to know the probability that the chain reaction needed for an atom bomb to detonate successfully. The physicists who involved in this work were big fans of gambling hence the name Monte Carlo.   How to
  • 23 Apr, 2015
  • Excel for Commerce
  • Excel Consultant, Excel Expert, monte carlo simulation,
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