Pete Rathburn is a copy editor and fact-checker with expertise in economics and personal finance and over twenty years of experience in the classroom. Getty Images / Monty Rakusen Analysts can assess ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Gordon Scott has been an active investor and ...

Uncertainty and risk are issues that virtually every business analyst must deal with, sooner or later. The consequences of not properly estimating and dealing with risk can be devastating. There’s a ...

An curved arrow pointing right. Run Monte Carlo simulations in Excel with this simple workaround. Produced by Sara Silverstein Follow BI Video: On Facebook More from Finance Run Monte Carlo ...

Monte Carlo simulations predict investment risks and rewards using varied scenarios. You can operate Monte Carlo simulations with tools like online calculators and spreadsheets. These simulations aid ...

Vector computers provide a new tool for management scientists. The application of that tool requires thinking in vector mode. This mode is examined in the context of Monte Carlo experiments with ...

Bayesian statistics have made great strides in recent years, developing a class of methods for estimation and inference via stochastic simulation known as Markov Chain Monte Carlo (MCMC) methods. MCMC ...