- Monte Carlo
- Yes No
Yes No
Discrete distribution with two outcomes, yes or no.
Parameters
Probability: Probability of Yes.
Applications
Applied in modeling customer decisions (purchase or not), analyzing yes/no survey responses, and tracking pass/fail outcomes in quality control.
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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