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  • 3 years ago
CP045: Introduction to Monte Carlo Simulations in Excel

CP045: Introduction to Monte Carlo Simulations in Excel

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

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