In-Depth Training Course Descriptions Public Training Courses Delivered Online Course 1 – Modelling with @RISK This hands-on course is designed for anyone who quantitatively models aspects of their business, or performs risk or decision analysis as part of their...
Calculating Unassailable Fair Market Value of Intellectual Property using Monte Carlo Simulation Previously we discussed the importance of crafting decision trees in litigation strategy and why patent litigation is an expensive, time-consuming process. In part three,...
@RISK’s use of Monte Carlo simulation allows for powerful features, like RiskSimtable. The RiskSimtable feature can be used to run multiple simulations to test the sensitivity of the risk analysis model, for example to changes in the parameters of a distribution. This...
A team of MIT scientists calling themselves Liquid Stone made a breakthrough (as it were) discovery about cement. The Romans used cement to build their remarkable aqueducts, and the stuff is still in use. In fact it’s one the most widely used building materials on...
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