Minimum Extreme
Continuous distribution for modeling extreme events.
Parameters
Most Likely: Mode of the distribution.
Scale: Scale of the distribution.
Applications
Applied in assessing minimum sales levels, evaluating minimum performance thresholds, and estimating best-case scenarios in financial planning.
To apply Monte Carlo simulations to the inputs/outputs of your model, see the Scenarios - Monte Carlo module.
Outputs
Plot: Histogram of the distribution with selected Confidence Interval.
Data: Confidence Intervals, Summary Statistics and Percentiles. See a sample Monte Carlo output.
View demo for Normal distribution
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