Risk & uncertainty
From its inception, Analytica was designed to analyze risk and uncertainty — unlike spreadsheet applications which require special add-ins. Analytica’s fully integrated features for sensitivity analysis, scenario analysis and Monte Carlo simulation make it remarkably simple to treat risk and uncertainty in your models. Here are some examples of how organizations are using these methods.
Finding out what you don’t know with sensitivity analysis
Remember Donald Rumsfeld’s speech from 2007 on the things we know and the things we don’t? How about some uncertainty or importance analysis to go with that?
5 mistakes to avoid if you want to make good quantitative risk assessments
Numbers don’t lie. It’s the people using them that are responsible for falsehoods, distortions, or simply mistakes! Yet numbers have several attractions: you can compare them ...
Some Analytica customers
