Assessing Excel VBA Suitability for Monte Carlo Simulation

Monte Carlo (MC) simulation includes a wide range of stochastic techniques used to quantitatively evaluate the behavior of complex systems or processes. Microsoft Excel spreadsheets with Visual Basic for Applications (VBA) software is, arguably, the most commonly employed general purpose tool for MC...

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Bibliographic Details
Main Author: Alexei Botchkarev
Format: Article
Language:English
Published: Bond University
Series:Spreadsheets in Education
Online Access:http://sie.scholasticahq.com/article/4629-assessing-excel-vba-suitability-for-monte-carlo-simulation.pdf