Case Studies | Analytica in Risk and Uncertainty
From its inception, Analytica was designed to analyze risk and uncertainty -- unlike spreadsheet applications which require special add-ins. Analytica's fully integrated features for Monte Carlo simulation make it remarkably simple to add treatment of uncertainty and twenty times faster to run than standard spreadsheets. Analytica's influence diagrams let you specify variables as uncertain simply by selecting an oval node to depict a chance variable. You can then select from a wide range of probability distributions, single or multivariate. You can view the results in almost any way you can imagine, density functions, cumulative distributions, probability bands, basic statistics, or even the underlying random sample values (if you really like the nitty gritty).
Risk analysts have been using Analytica for twenty years for a huge variety of areas. See below for a few examples.