The canonical version of this article is on my web site here:
A companion presentation is available here:
The viewer will learn how to simulate a series of sales calls dependent on a single skill level and learn how to simulate a series of sales calls dependent on two skill levels.
Simulating Independent Sales Calls: Enter .75 into cell C2 – “skill leve…
The viewer will learn how to use a discrete random variable to simulate the return on an investment over a period of years, create a Monte Carlo simulation using the discrete random variable, and create a graph to represent the possible returns over…