In the 45th session of Chandoo.org podcast, let's get in to Monte Carlo simulations.

What is in this session? In this podcast,

  • Quick personal updates - 200km BRM and book delay
  • History of Monte Carlo simulations
  • Monte Carlo simulations - an example
  • How to do simulations in Excel
    • Formulas
    • VBA
    • Data Tables
  • Using data tables to run simulations - case study - estimating Pi value
  • Things to keep in mind when setting up your simulation models
  • Resources on Monte Carlo simulations in Excel
  • Conclusions

The post CP045: Introduction to Monte Carlo Simulations in Excel appeared first on Chandoo.org - Learn Excel, Power BI & Charting Online.