The triangular distribution is the risk modeler's first bicycle. Everyone hops on it at some point, some wobbly, some with enthusiasm. Why this “bicycle” is so popular in Monte Carlo simulation, and when it really makes sense, I explain in the new Risk Kit video: When do I use a triangular distribution in a Monte Carlo simulation? And like every first bicycle: sometimes you ride straight ahead, sometimes you end up in the ditch. That's exactly what the video is about. https://lnkd.in/epwqcH-w
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