@risk excel for mac

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When you incorporate variability while the expected profit is positive, can find that there is a high probability of the profit being really a is a software you can use to create this type of models. It is possible that if you use average values a project you are analysing will be profitable according to your analysis.

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Overall: Monte Carlo simulation is a very useful tool that allows the user to incorporate variability to what otherwise would be a simple spreadsheet model that uses average values.