YoVDO

Monte Carlo Simulation Fundamentals

Offered By: Pluralsight

Tags

Statistics & Probability Courses Software Development Courses Project Management Courses Microsoft Excel Courses Forecasting Courses Monte Carlo Simulation Courses

Course Description

Overview

In this course you will learn to use Monte Carlo simulations to better your decision making when dealing with uncertainty.

Do you need to make a difficult decision about some uncertain future outcome? Maybe you need to estimate a project cost or schedule, or create a forecast for when your agile-developed software product can be delivered to customers. In this course, Monte Carlo Simulation Fundamentals, you’ll learn how to model these and other uncertainties using a Monte Carlo simulation model in Microsoft Excel. First, you’ll learn why you’ll want to use Monte Carlo simulation to solve estimation problems. Then, you’ll learn how to create a Monte Carlo simulation from scratch, and how to use pre-built Monte Carlo simulation models. Finally, you’ll discover some more complicated problems that commercial Monte Carlo simulation products can solve. By the end of this course, you’ll know what a Monte Carlo simulation is, why it’s used, and how to create your own Monte Carlo simulation using the built-in functions inside Microsoft Excel.

Taught by

William Davis

Related Courses

Software as a Service
University of California, Berkeley via Coursera
Software Testing
University of Utah via Udacity
The Hardware/Software Interface
University of Washington via Coursera
Software Debugging
Saarland University via Udacity
Introduction to Systematic Program Design - Part 1
The University of British Columbia via Coursera