Creating a uniform distribution in Excel: A clear explanation and practical Excel example

The uniform distribution is the simplest probability distribution and can easily be created in Excel. We use the uniform distribution in case of extreme uncertainty and in the absence of clear data. This video we explain the theoretical background and provide a simple Excel example. Good luck!

André Koch
Stachanov Solutions & Services

You can download the Excel-sheet used in this video yourself through this link: https://www.stachanov.com/excel/rWS0K...
Feel free to browse other Excel-sheets available through this link: https://www.stachanov.com/en/downloads

Keywords: Excel,Stachanov,Risk Modeling,Risk Modelling,Probabilistic Modeling,Stochastic Modeling,Monte Carlo Simulations,Risk Management,Crystal Ball,Uncertainty,RAND,RANDBETWEEN,FREQUENCY,Uniform Distribution,Discrete Distribution,Continuous Distribution,