Distribution

DistributionProperty
PropertyFunctions
Functions
@RISK
@RISKhashasaanumber
numberof offunctions
functionscalled
called"distribution
"distributionproperty
propertyfunctions"
functions"(or (orsimply
simply"property
"propertyfunctions")
functions")that
thatyou
youcan
canapa
extra
extra arguments to input distribution functions like RiskNormal, or to the RiskOutput function. Arguably the most usefuli
arguments to input distribution functions like RiskNormal, or to the RiskOutput function. Arguably the most useful
RiskCorrmat
RiskCorrmatfunction,
function,used
usedto tobuild
buildinincorrelation
correlationbetween
betweentwo
twoorormore
moreuncertain
uncertaininputs.
inputs.This
Thisfunction
functionisisillustrated
illustratedininse
s
example
examplefiles,
files,including
includingthe
thefile
fileDependency
Dependencyand andCorrelation.
Correlation.This
Thisfile
filealso
alsoillustrates
illustratesthetheproperty
propertyfunctions
functionsRiskIndepC
RiskIndepCa
for
forbuilding
buildinginindependency
dependencybetween
betweenan anindependent
independentand anddependent
dependentvariable
variable(as
(asininregression).
regression).
Other
Otherproperty
propertyfunctions
functionsinclude
includeRiskTruncate
RiskTruncateand
andRiskTruncateP,
RiskTruncateP,illustrated
illustratedininthe
thefile
fileTruncated
TruncatedDistributions,
Distributions,and
andRisk
Ris
illustrated
illustratedininthe
theSix
SixSigma
Sigmasequence
sequenceofofexample
examplefiles.
files.
The
Theother
otherproperty
propertyfunctions
functionsare
areprobably
probablyused
usedless
lessoften,
often,but
buteach
eachprovides
providesfunctionality
functionalitythat
thatyou
youcan
canuse
useininspecial
specialcirc
cir
For
For example, the simple model on the next sheet uses the RiskSeed property function in cell C3 to indicate thatthe
example, the simple model on the next sheet uses the RiskSeed property function in cell C3 to indicate that therando
rand
ininthis
thiscell
cellwill
willbe
begenerated
generatedfrom
fromthe
theMRG32k3a
MRG32k3agenerator
generatorand
andseed
seed123,
123,not
notfrom
fromthe
thegenerator
generatorandandseed
seedlisted
listedininSimu
Simu
Settings
Settings(which
(whichare
areused
usedtotogenerate
generatethe
therandom
randomnumbers
numbersinincell
cellC4).
C4).Also,
Also,the
theRiskIsDate
RiskIsDatefunction
functionisisappended
appendedto tothe
theRiR
function
functioninincell
cellC5
C5to
toindicate
indicatethat
thatthis
thisoutput
outputshould
shouldbebetreated
treatedasasaadate.
date.(See
(Seethe
thehorizontal
horizontalaxis
axislabels
labelsininthe
thechart.)
chart.)
All
Allof
ofthe
theproperty
propertyfunctions
functionsare
arelisted,
listed,together
togetherwith
withshort
shortdescriptions.
descriptions.You
Youcan
canaccess
accessmany
manyproperty
propertyfunctions
functionsvia
viathe
the
Properties
Propertiesicon
iconininthe
theDefine
DefineDistributions
Distributionsdialog
dialogfor
forinputs,
inputs,and
andininthe
theAdd
AddOutput
Outputdialog
dialogfor
foroutputs.You
outputs.Youcan
canfind
findmore
mored
property
propertyfunctions
functionsinin@RISK
@RISKhelp
helpunder
underReference:
Reference:@RISK
@RISKFunctions.
Functions.
 rty functions")
erty functions")that
thatyou
youcan
canappend
appendas as
tion. Arguably the most usefulisisthe
on. Arguably the most useful the
This
Thisfunction
functionisisillustrated
illustratedininseveral
severalof
ofthe
the
operty functions
roperty functionsRiskIndepC
RiskIndepCandandRiskDepC
RiskDepC
on).
sion).
ncated Distributions,
uncated Distributions,and
andRiskSixSigma,
RiskSixSigma,

that
thatyou
youcancanuse
useininspecial
specialcircumstances.
circumstances.
ell C3 to indicate thatthe
ll C3 to indicate that therandom
randomnumbers
numbers
nerator
neratorandandseed
seedlisted
listedininSimulation
Simulation
unction
functionisisappended
appendedto tothe
theRiskOutput
RiskOutput
tal axis labels in the chart.)
ntal axis labels in the chart.)
ny property
any propertyfunctions
functionsvia
viathe
the“fx”
“fx”Display
Display
or
oroutputs.You
outputs.Youcan
canfind
findmore
moredetails
detailsabout
about
Today's date 5/13/2020
Days to complete current project 17
Days to get ready for next project 2
Date next project can begin #NAME?

Function
RiskCategory Allows input distributions to be listed by category in reports
RiskCollect Used to collect statistics for scenario or sensitivity analysis on certain inputs only
RiskConvergence Specifies convergence monitoring information for a specific output
RiskCorrmat Used to correlate two or more uncertain inputs
RiskDepC Used with RiskIndepC to correlate a pair of uncertain inputs
RiskFit Used for automatic refitting of data to a distribution if the data change
RiskIndepC See RiskDepC
RiskIsDiscrete Forces an output distribution to be treated as a discrete distribution
RiskIsDate Forces an input distribution to be treated as a date
RiskLibrary Links a given input distribution to a distribution in an @RISK library
RiskLock Keeps an input distribution from being sampled in a simulation
RiskName Provides a name for an input distribution that is used in reports
RiskSeed Indicates that an input distribution will use its own random number seed in a simula
RiskShift Indicates the amount that an input distribution will be shifted from its default value
RiskSixSigma Used in six sigma capability analysis, primarily to indicate specification limits
RiskStatic Used to specify the fixed (static) value of an input distribution when the dice button
RiskTruncate Used to restrict values of an input distribution to be within given values
RiskTruncateP Used to restrict values of an input distribution to be within given percentiles
RiskUnits Names the units to be used in labeling an input distribution or output
 2
2/9/2012
Beginning Date
2/11/2012 12:00 AM 2/15/2012 12:00 AM
5.0% 90.0% 5.0%
0.35

0.30

0.25

on certain inputs only

0.20

0.15

data change 0.10

0.05

0.00

number seed in a simulation

ed from its default values
pecification limits
on when the dice button is toggled to "Static"
given values
given percentiles
/15/2012 12:00 AM
5.0%