Entire Course Link

https://hwsell.com/category/cmgt-442/

Week

4 Monte Carlo MethodAssignment

Preparation: Activities include

completing the SkillSoft® courses, watching

the Lynda.com® videos,

independent student reading, and research.

• Complete the Skillsoft® course, “Basic Statistics and Graphical Methods

  for Six Sigma.”

• Complete the Skillsoft® course, “Risk Management: Assessing Risk.”

• Watch the Lynda.com video,

  “Up and Running with Excel What-If Analysis.”

• Watch the Lynda.com video,

  “What do you need to know to be an analytics professional?”

• Watch “Performing Monte

  Carlo Simulation” of the Lynda.com “Up and Running with Excel

  What-If Analysis,” video.

Assignment: Recreate the simulation presented in the “Performing Monte Carlo

Simulation” video.

Submit the Microsoft® Excel® spreadsheet along with a 1- to 2-page explanation on how

the Monte Carlo tool can be used in risk assessment.