Insight Features - Monte Carlo Analysis

 

Monte Carlo analysis allows you to predict outcomes from a process even before any output has been created. All one needs to do is generate a useful model of the product or process, make assumptions about each variable input, and this feature will predict the mean, variability, and shape of the output distribution.

Below is a screenshot of the Monte Carlo Analysis feature from Insight Software

 

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Last Updated 7/02/08

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