Monte Carlo Simulation in Excel - Poisson Distribution
blog post and downloadable file -- https://excel.tv/monte-carlo-simulati...
Monte Carlo Methods or Simulations are often difficult in Excel and people rely on add-ins or other software to perform the analysis. This can be even more difficult when dealing with distribution curves that don't follow the standard "bell curve". This tutorial video helps you perform Monte Carlo Simulation in Excel using the Poisson distribution. The tutorial shows you that it is simple to do with the use of VLOOKUPS, distribution functions and random number generators in Excel.