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MONTE CARLO TECHNIQUESFOR ENTREPRENEURS
ENTR20000 – Forecasting Techniques ThatWork Maymester 2009By Hank Feeser
 
BACKGROUND: MONTE CARLO
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M on e C  al   o e c ni   q u e s  on e p en e u s 
Named after & why
Simple explanation of how works
 
 TRIANGULAR DISTRIBUTIONS
What are they
Why applicable to many situations
How defined
Lowest
Most Likely
Maximum
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M on e C  al   o e c ni   q u e s  on e p en e u s 
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