Read this tutorial to learn how you can create a better model for resource allocation in real-world business situations. With a call center staffing example it shows how simulation and ...

Traders looking to back-test a model or strategy can use simulated prices to validate its effectiveness. Excel can help with your back-testing using a monte carlo simulation to generate random ...

A Monte Carlo simulation allows analysts and advisors to convert investment chances into choices by factoring in a range of values for various inputs.

Using Excel’s PivotTables and PivotCharts, you can quickly analyze large data sets, summarize key data, and present it in easy-to-read format. Here’s how to get started with these powerful tools.