![]() ![]() ![]() ModelRisk then uses Monte Carlo simulation to automatically generate thousands of possible scenarios. ![]() ModelRisk has been the innovation leader in the marketplace since 2009, being the first to introduce many technical Monte Carlo method features that make risk models easier to build, easier to audit and test, and more precisely match the problems you face.Ī ModelRisk user replaces uncertain values within their Excel model with special ModelRisk quantitative probability distribution functions that describe the uncertainty about those values. ModelRisk is a Monte Carlo simulation Excel add-in that allows the user to include uncertainty in their spreadsheet models. 3D4Medical is an award-winning 3D technology company that specializes in medical, educational and health & fitness software for student/patient education.
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