Tags :@RISK

@RISK (pronounced “at risk”) performs risk analysis using Monte Carlo simulation to show you many possible outcomes in your spreadsheet model—and tells you how likely they are to occur. It mathematically and objectively computes and tracks many different possible future scenarios, then tells you the probabilities and risks associated with each different one. This means you can judge which risks to take and which ones to avoid, allowing for the best decision making under uncertainty. @RISK also helps you plan the best risk management strategies through the integration of RISKOptimizer, which combines Monte Carlo simulation with the latest solving technology to optimize any spreadsheet with uncertain values. Using genetic algorithms or OptQuest, along with @RISK functions, RISKOptimizer can determine the...