Correlations in Crystal Ball
Bodily, Samuel E.,...
Technical Note
Correlations in Crystal Ball
Bodily, Samuel E.; Palacios, Miguel
QA-0593 | Published August 28, 2003 | 2 pages. Technical Note
Collection: Darden School of Business
Product Details
The Crystal Ball add-in to Excel for Monte Carlo simulation has capabilities to correlate assumptions (uncertain quantities). This note describes the various ways that correlations may be used and issues a number of caveats.
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