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Link to official Oracle Crystal Ball site. Official Website. Features Excel Add-in Simulation Add a feature. Forecasting monte-carlo-simulation risk-analysis spreadsheet-based predictive-model. Oracle Crystal Ball (sometimes referred to as Crystal Ball, CrystalBall) was added by Thelle in May 2011 and the latest update was made in Nov 2015.The list of alternatives was updated Jul 2018. The following is a comparison of various add-in packages available to do Monte Carlo probabilistic modeling and risk analysis. Add-ins covered are for Microsoft Excel on Windows. Mac software and tools for other platforms, such as R or Matlab are not included. Decision-making software is reviewed separately. The DecisionTools Suite is an integrated set of programs for risk analysis and decision making under uncertainty. DecisionTools Suite software integrates seamlessly with Microsoft Excel, and includes: @RISK for Monte Carlo simulation; PrecisionTree for decision trees; TopRank for “what if” sensitivity analysis.
TORONTO--(Marketwired - Apr 8, 2013) - SigmaXL Inc., a leading provider of user friendly Excel Add-ins for Statistical and Graphical analysis, announces the release of SigmaXL Version 6.2. New features include:
- Compatible with Excel 2013, 32 and 64-bit versions and Mac Excel 2011
- New Statistical Templates:
- Minimum Sample Size for Robust t-Tests and ANOVA
- 1 Poisson Rate Test and Confidence Interval
- 2 Poisson Rates Test and Confidence Interval
- One-Way Chi-Square Goodness-of-Fit Test
- Updated Statistical Templates:
- 1 Sample t-Test and Confidence Interval for Mean
- 2 Sample t-Test and Confidence Interval (Compare 2 Means) with option for equal and unequal variance
- 1 Sample Chi-Square Test and CI for Standard Deviation
- 2 Sample F-Test and CI (Compare 2 Standard Deviations)
- 1 Proportion Test and Confidence Interval
- 2 Proportions Test and Confidence Interval
- The template Minimum Sample Size for Robust t-Tests and ANOVA answers the question, 'How large does the sample size have to be for the central limit theorem to work?' This template is unique to SigmaXL and was developed using extensive Monte Carlo simulations. It provides a minimum sample size required for the 1 Sample t-Test, 2 Sample t-Test and One-Way ANOVA to be robust to non-normality. The user simply enters the sample Skewness and Kurtosis and obtains a minimum sample size required for the specified test.
- Easy to interpret, color coded 'Reject' or 'Fail to Reject' the Null Hypothesis.
- Confidence intervals for 1 Proportion and 1 Poisson Rate templates include the traditional 'exact' methods which are strictly conservative and guarantee the specified confidence level, but result in wide intervals. Alternatively, Wilson Score and Jeffreys intervals can be selected to provide narrow intervals that match the specified confidence interval on average. Normal approximation methods are also available for students to validate hand calculations.
- Confidence intervals for 2 Proportions and 2 Poisson Rates include modern methods that result in narrow intervals that maintain the specified confidence level on average: Newcombe-Wilson and Jeffreys Hybrid.
'SigmaXL was designed from the ground up to be a cost-effective, powerful, but easy to use tool that enables users to measure, analyze, improve and control their service, transactional, and manufacturing processes. As an add-in to the already familiar Microsoft Excel, SigmaXL is ideal for Lean Six Sigma training or use in a college statistics course,' said John Noguera, CTO, SigmaXL.
A free 30-day trial version is available for download from the SigmaXL website at: www.SigmaXL.com.
About SigmaXL Inc.
SigmaXL is a leading provider of user friendly Excel Add-ins for Lean Six Sigma tools and Monte Carlo Simulation. SigmaXL customers include market leaders like Agilent, Diebold, FedEx, Microsoft, Motorola, and Shell. SigmaXL software is also used by numerous colleges, universities and government agencies.
SigmaXL is a leading provider of user friendly Excel Add-ins for Lean Six Sigma tools and Monte Carlo Simulation. SigmaXL customers include market leaders like Agilent, Diebold, FedEx, Microsoft, Motorola, and Shell. SigmaXL software is also used by numerous colleges, universities and government agencies.
For more information, visit http://www.SigmaXL.com or call 1-888-SigmaXL (888-744-6295).
Contact Information:
Press Contact:
Kevin Madden
(888) 744-6295
Kevin Madden
(888) 744-6295
See All Possible Outcomes in Complex Situations
Advanced Risk Analysis for Microsoft Excel.
Palisade software really makes it a lot easier to handle large, complex systems in data analysis.
@RISK gives us the power to perform Monte Carlo methods in a single cell in Excel. This saves us time and simplifies the spreadsheets we work in.
We love it because it incorporates distribution fitting and gives us the flexibility to evaluate alternative distributions on screen.
E-sword for mac in spanish. We’ve trained well over a thousand people throughout the company on @RISK, and rely on it for our entire range of investment decisions.
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@RISK for Risk Analysis
From the financial to the scientific, anyone who faces uncertainty in their quantitative analyses can benefit from @RISK. @RISK helps both Fortune 100 companies and private consultancies paint a realistic picture of possible scenarios. This allows businesses to not only buffer risks, but also identify and exploit opportunities for growth.
Palisade software really makes it a lot easier to handle large, complex systems in data analysis.
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@RISK (pronounced “at risk”) is an add-in to Microsoft Excel that lets you analyze risk using Monte Carlo simulation. @RISK shows you virtually all possible outcomes for any situation—and tells you how likely they are to occur. This means you can judge which risks to take on and which ones to avoid—critical insight in today’s uncertain world.
- Works With Excel
- Avoid Pitfalls and Uncover Opportunities
- Plan Better Strategies
- Identify Factors Causing Risk
- Communicate Risk To Others
How @RISK Is Used
@RISK enables endless applications, including these in :
- Cash Flow & Financial Analysis
- Enterprise Risk Management
- Portfolio Optimization
- Cost Estimation
Customer Success Stories
Learn how @RISK has helped decision makers to improve risk and decision analysis efforts.
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Features To Meet Your Needs
Monte Carlo Simulation
By sampling different possible inputs, @RISK calculates thousands of possible future outcomes, and the chances they will occur. This helps you avoid likely hazards—and uncover hidden opportunities.
More About Monte Carlo Simulation 100% Excel Integration
@RISK integrates seamlessly with Excel’s function set and ribbon, letting you work in a familiar environment with with results you can trust.
Sensitivity Analysis
@RISK identifies and ranks the most important factors driving your risks, so you can plan strategies—and resources—accordingly. Happy wheels torrent.
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Learn About Sensitivity AnalysisGraphs and Reports
@RISK offers a wide variety of customizable, exportable graphing and reporting options that let you communicate risk to all stakeholders.
Extensive Modeling Features
With a broad library of probability distributions, data fitting tools, and correlation modeling, @RISK lets you represent any scenario in any industry with the highest level of accuracy.
See @RISK's Complete Feature Set Add Decision & Data Analysis with The DecisionTools Suite
Add Decision & Data Analysis with The DecisionTools Suite
The DecisionTools Suite
The complete risk and decision analysis toolkit, including @RISK, PrecisionTree, TopRank, NeuralTools, StatTools, Evolver, and RISKOptimizer.
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Your software subscription has you fully covered.
- Free upgrades when new software versions are released
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Technical Supportis available to help with installation, operational problems, or errors.
Monte Carlo Software For Excel
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Customizable
Leverage the power of @RISK in your own custom application with Palisade Custom Development. Best media player for mac.
- Engage Palisade to design your solution
- Standardize your analyses and reduce learning curves
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Monte Carlo Add In Excel
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Monte Carlo Excel Spreadsheet
Palisade maintenance plans are designed to cover you when new software versions are released, or if you require help operating the software or resolving errors. Software updates are often released to keep current with changes in Windows, or in Excel or other host applications. Updates may also include bug fixes or minor product enhancements. Major version upgrades are released when new significant new features and/or interface changes are made to the software. Major version upgrades may also include updates to host application compatibility. Technical support is also included with Palisade maintenance. Whether through self-support using our Knowledgebase, via e-mail, or on the phone, Palisade is here to help with installation, operational problems, or error messages.
Benefits of Palisade Maintenance Plans
Free technical support via hotline or email. Technical Support hours are Monday – Friday, 4:00am – 5:00pm (New York time zone). Technical support is available for software installation, resolving software errors, assisting with software operation, and limited model de-bugging. Technical support is not designed for building spreadsheet models from scratch, extensive model de-bugging, or software training. These services may be obtained from our Training and Consulting department.
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