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Thanks for the reply. Does your tool assume that the variables are normally distributed for the Monte Carlo analysis you run? It looks like your tool is closer
by omega3 7y ago
Thanks for the reply. Does your tool assume that the variables are normally distributed for the Monte Carlo analysis you run?
It looks like your tool is closer to TopRank from Palisade in it's functionality?
- refrigerator 7y agoWe actually assume uniform distributions for the inputs of the sensitivity analysis. This tool is a standalone thing, and you're right — it's similar to TopRank. Our actual product, Causal (https://causal.app https://causal.app) has aspects of @RISK, but packaged in our own (non-spreadsheet) modelling paradigm.
- emarsden 7y agoNice demo! It's perhaps a little confusing if you're using uniform probability distributions for the sensitivity analysis inputs, but normal distributions for the uncertainty analysis (shown at https://causal.app/buy-to-rent https://causal.app/buy-to-rent). A previous comment mentions you are using SALib in Python, which can (even if it's not documented) use normal probability distributions for the inputs: here's a notebook with an example: https://risk-engineering.org/notebook/sensitivity-analysis.html https://risk-engineering.org/notebook/sensitivity-analysis.h...