@RISK for Excel
@RISK is a Monte Carlo Simulation add-in to Microsoft Excel. Define the uncertainty in your model with probability distributions and run a simulation to understand all the possible outcomes!
Spanish,
English,
French,
German
Supported Technologies
Windows 95/98/ME,
Windows XP/2000/NT
Click on a technology to view similar products within this category.
Pricing
Users (# of seats), Server
$595 (Standard) to $1495 (Industrial)
sales@palisade.com
607-277-8000
Network, volume, and academic pricing available.
Resources
Additional Product Information
@RISK uses a technique known as Monte Carlo simulation to allow you to take all possible outcomes into account. Simply replace uncertain values in your spreadsheet model with @RISK functions (probability distributions) to represent a range of possible values. Select bottom-line cells, such as total profits, as outputs, and start a simulation. @RISK recalculates your spreadsheet hundreds or thousands of times, each time selecting random numbers from the @RISK functions you entered. The result: distributions of possible outcomes and the probabilities of getting those results! This not only tells you what could happen in a given simulation, but how likely it is that it will happen. With @RISK, you can answer questions like "What is the likely value of an insurance claim?" and "What is the probability of earning profits over $500,000?"