The only thing certain about the future is that the future is uncertain. This course covers Monte Carlo Simulation which can be used to model the probability distribution of outcomes in the presence of uncertainty.
How to setup random variables which are the key to simulation
Simulating a Discrete Random Variable
Simulating a Normal Random Variable
How to determine the optimal bid to maximize profit
How to simulate fun topics such as Poker, Baseball, Craps, and the NBA Finals
How to answer the question: If a stock is equally likely to return 60% or -40% each year, is it a good stock?
Who Will Benefit?
Any professional that uses Microsoft Excel and needs to learn simulation.
Excel With Wayne is an online Microsoft Excel Training Course taught by Dr. Wayne Winston. Dr. Winston is the world's foremost Microsoft Excel Expert that teaches at some of the world's largest organizations including Microsoft and government organizations such as the Navy and Army.