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Basic Excel Business Analytics #66: Monte Carlo Simulation for New Product, 3 Uncertain Variables

34,063 views

Intro:

Video Vocabulary

/inˈvestəˌɡāt/

verb

carry out inquiry into incident etc..

/ˌpräbəˈbilədē/

noun

What the chances are that something will happen.

/kənˈsidər/

verb

think carefully about.

/kəmˈpresər/

noun

Mechanical device that compresses gasses.

/ˈsimyəˌlādəd/

adjective verb

manufactured in imitation of some other material. To copy something or look or behave like it.

/ˈdounˌlōd/

noun verb

act or process of downloading data. To transfer data from a computer or the internet.

/ˈdif(ə)rənt/

adjective

not same as another or each other.

/ˈprädəkt/

noun

Item that can be bought.

/ˌkämprəˈhensiv/

adjective noun

Including most or all things. comprehensive school.

/ˈspredˌSHēt/

noun

document in which data is arranged in rows and columns.

/THro͞o/

adjective adverb preposition

From one end or side of something to the other. From the beginning of something until the end. Allowing you to pass between, or to.

/ˈfôrmyələ/

noun

mathematical relationship in symbols.

welcome - welcome

/ˈwelkəm/

adjective exclamation noun verb

Being what was wanted or needed. used to greet someone in polite or friendly way. instance or manner of greeting someone. To accept or receive something happily and gladly.

/ˈintrəstəd/

adjective verb

Having had your attention taken; curious. To make someone want to know about something.

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