Microsoft KB Archive/60914

{| = Excel: 3rd-Party Forecasting and Risk-Management Program =
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Last reviewed: November 2, 1994

Article ID: Q60914

SUMMARY
Note: The product included here is manufactured by a vendor independent of Microsoft; we make no warranty, implied or otherwise, regarding this product's performance or reliability.

Crystal Ball, by Market Engineering Corporation, is a powerful forecasting and risk-management program that helps take the mystery out of decision making. To use Crystal Ball, you set up a model in Microsoft Excel, save it as a SYLK file, and then open it in Crystal Ball. Each uncertain variable in a model is assigned a probability distribution by describing how that variable behaves. Using a technique known as &quot;Monte Carlo simulation,&quot; the program predicts the results most likely to occur in a given scenario.

MORE INFORMATION
Crystal Ball's features include:


 * 1) The ability to process up to 250 variables and 30 forecasts per problem
 * 2) Descriptive information on forecasts
 * 3) Sensitivity analysis
 * 4) Preference settings
 * 5) Background operation under MultiFinder

Any application that involves assessing risk in a model (financial or otherwise) could benefit from a product like Crystal Ball. For more information on Crystal Ball, contact:

Market Engineering Corporation 1675 Larimer Street, Suite 600 Denver, CO 80202 (303) 893-0100
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