April 2016
Intermediate to advanced
284 pages
9h 26m
English
book
Practical Spreadsheet Risk Modeling for Management
by Dale Lehman, Huybert Groenendaal, Greg Nolder
Content preview from Practical Spreadsheet Risk Modeling for Management
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51
3
Modeling with Objects
LEARNING OBJECTIVES
• Learn how to use ModelRisk Objects.
• Use Objects to simplify model construction, troubleshooting, and
analysis.
• Use Objects to obtain results without having to run simulations.
• Learn how to model decision problems involving aggregating uncer-
tain frequency of events with uncertain severity of consequences.
• Learn how to model frequency/severity problems correctly without
the use of Objects.
• Use Objects and Aggregate distributions to estimate total losses for a
portfolio of insurance policies (or similarly structured problems).
• See how the Deduct distribution can be used to model i
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