Cumulative Probability Plot
Posted: Tue Jun 23, 2020 3:03 pm
Can the software do a probability analysis for varying probabilities (i.e. P20, P50, P80 etc on the same program).
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Cumulative Probability Plot
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Re: Cumulative Probability for present target dates and progress
Posted: Tue Jun 23, 2020 3:06 pm
One of the main outputs of a Monte Carlo simulation are Cumulative Probability Plots where are S curves that plot percentiles on the right y axis. In the example below we can see how the varying percentiles for finish time can be presented using cumulative probability plots.