Probabilities & Dice Roll Simulations in Spreadsheets

What is the probability of rolling any pair of numbers with two dice? Let’s first solve this and then confirm our calculated probability by simulating 500 dice rolls with a spreadsheet! In th…

Creating a Monte Carlo Simulation Using Excel

Construct a spreadsheet simulation model to simulate 10,000 rolls of a die with the six sides numbered 1, 2, 3, 4, 5 and 6. 1. Construct a histogram of the 10,000 observed dice rolls. 2. For each roll

Monte Carlo: Roll 2 Dice

Financial Modelling, Blogs

Creating simulation resources to teach probability, part 1 of 4

How to Study Probability with Two Dice and a Spreadsheet - Brightpips

Simulate a Dice Throw in Excel

Creating simulation resources to teach probability, part 1 of 4

Building A Probabilistic Risk Estimate Using Monte Carlo Simulations, by Zhijing Eu, Analytics Vidhya