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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66 Practical Spreadsheet Risk Modeling for Management
0 100 200 300 400 500 600 700
Premium 6 – $F$12
800 900 1,100
0.000
275 276 277 278 279 280 281 282 283 284 285 286 287
0.008
0.016
0.024
0.032
0.040
Probability
0.048
0.056
0.064
10% (x = 2778.68839)
90% (x = 283.1041)
0.072
0.080
0.088
1,000
Premium 5
Premium 6
Box-plot
Histogram Plot for Premium 6
Mean
10% 80% 10%
FIGURE 3.14
Insurance results for 1,000,000 drivers.
Modeling with Objects 67
FIGURE 3.15
Simplied model without using Objects.
68 Practical Spreadsheet Risk Modeling for Management
Note that the sample ...
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