Data Analysis & Simulation

Archive for February, 2008

Random Numbers In Excel

Thursday, February 14th, 2008

A new article about generating random numbers in Excel is now available in the Tutorials section. The article describes how the standard Excel worksheet functions and the inverse transform method can used to generate random numbers from various distributions, discusses the drawbacks of this approach, and explains how the EasyFitXL add-in can be used to overcome the limitations of Excel.

EasyFit: select the best fitting distribution and use it to make better decisions. learn more
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