William J McKibbin PhD CMC LLC

Features

Standard

Professional

Industrial

Unrestricted speed and model size

Yes

Yes

Yes

Monte Carlo simulation

Yes

Yes

Yes

Bounded, shifted distributions

Yes

Yes

Yes

Correlation of distributions

Yes

Yes

Yes

One-click function view

Yes

Yes

Yes

ModelRisk function search and format tool

Yes

Yes

Yes

Run macros before, during or after simulation

Yes

Yes

Yes

VBA and C++ calls to ModelRisk functions

Yes

Yes

Yes

Full graphical simulation reports

Yes

Yes

Yes

Full statistical reports

Yes

Yes

Yes

View simulation results statistics in spreadsheet

Yes

Yes

Yes

Export results

Yes

Yes

Yes

Save results in Results Viewer format

Yes

Yes

Yes

Sensitivity analysis

Yes

Yes

Yes

Scenario analysis

Yes

Yes

Yes

Conversion from other Monte Carlo add-ins

Yes

Yes

Yes

Full help file and example models

Yes

Yes

Yes

Informative error messages

Yes

Yes

Yes

Optimization

--

Yes

Yes

Fitting distributions to data

--

Yes

Yes

Fitting correlation structures to data

--

Yes

Yes

Fitting time series to data

--

Yes

Yes

Statistical fit results in spreadsheet

--

Yes

Yes

Extreme value tool

--

Yes

Yes

Data Viewer

--

Yes

Yes

Expert elicitation tools

--

Yes

Yes

Probability calculations

--

Yes

Yes

Working with ModelRisk objects

--

Yes

Yes

Bootstrap tools

--

Yes

Yes

Calculation of distribution moments

--

Yes

Yes

Six Sigma support

--

--

Yes

Assumptions library

--

--

Yes

Database connectivity

--

--

Yes

Financial tools

--

--

Yes

Insurance tools

--

--

Yes

Ordinary differential equation

--

--

Yes

Integration

--

--

Yes

Interpolation

--

--

Yes

Distribution splicing

--

--

Yes

Bayesian averaging for fitted models

--

--

Yes

Nested summation and product tools

--

--

Yes