CH10_149 - average first cost standard deviation of first...

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Unformatted text preview: average first cost __ standard deviation of first minimum value of life maximum value of life annual benefit c IRR for each simulation iteration 7w 14.01% =RATE(RiskUniform(A3,A4),A5,RiskNormal(Al,A2)) ., 1 .1 14.15% = average value of All (IRIS) from 1000 iterations 2.17% i = standard deviation of All (IRR) from 1000 iterations "1 L Distribution for [RR—(cell All) 7 17.5 19 20.5 - GURE 1041) Simulation spreadsheet for Example 10-15 and 1016. 'skNonnal function, however spreadsheets with @Risk functions display by default the results using average values. The RATE function contains two @Risk functions: RiskUniform and RiskNormal. The uni- orm distribution has the minimum and maximum values as parameters. The normal distribution the average and standard, deviation as parameters. ‘ The third IRR (cell A13) is theaverage for 1000 iterations. It will change each time the 7' ulatiou is done. The graph? ” glue 10-10 with 1000 iterations is much smoother than the graph from Example 10-15, w ’5 , “terations were done. ...
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