Normal

Bell-shaped continuous distribution for general applications.

Parameters

Mean: Mean of the distribution.

Standard Deviation: Standard Deviation of the distribution.

Applications

Applied in finance for modeling asset returns, in quality control for process variations, and in business for forecasting demand.

To apply Monte Carlo simulations to the inputs/outputs of your model, see the Scenarios - Monte Carlo module.

Normal

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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