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In Excel, linear optimization problems can be solved using the Excel Solver add-in and the solving method. Simplex LP Evolutionary GRG Nonlinear Least Squares
In Excel, linear optimization problems can be solved using the Excel Solver add-in and the solving method. Simplex LP Evolutionary GRG Nonlinear Least Squares Goal Seek How are the results of a Monte Carlo simulation analyzed? Monte Carlo simulation results are analyzed by using Excel's Solver add-in to solve for the optimal solution. O Monte Carlo simulation results are not analyzed. The results of Monte Carlo simulation speak for themselves. Monte Carlo simulation results are analyzed using measures of forecast accuracy, such as the mean square error or mean absolute deviation. Monte Carlo simulation results are analyzed using descriptive statistics, such as the mean, standard deviation, and graphs of simulation results.
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