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Hi All,
I am trying to figure out a way for Excel to generate a random number that is based on a KNOWN distribution. For example, I have downloaded monthly returns for the S&P and histogramed it out to find the distribution with mean and stddev. Now I would like Excel to generate a random monthly return based on the historical distribution. The only way I have down this is to have a randomly selected row get generated and use that return as my number Is there a more elegant way? Thanks in advance! |
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