My preferred business intelligence and risk analytics platform is built around Excel (Microsoft) extended by ModelRisk Industrial (Vose), the most advanced spreadsheet-based risk modeling solution ever developed. ModelRisk adds critical functionality to Excel, including Monte Carlo (probabilistic) simulation, sensitivity analysis, object-modeling, multivariate correlation and forecasting, global optimization, expert elicitation tools, Bayesian averaging for fitted models, interpolation and distribution splicing, and more. Follow the link below to learn more about ModelRisk 4.0, including the new Standard Edition available for free download:
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Knuth's Xmas Lecture 2024 - Strong And Weak
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