Hi All, Trying to do some modeling where I would like Excel to create a random number that is picked from a known distribution.
For example, I downloaded all S&P monthly data. Created a histogram and know the distribution. Now I would like Excel to randomly generate a number that follows the distribution of those returns. The only way I can think to do it is have Excel randomly pick a row number and use the return from that row as its number. Is there a more elegant way? Thanks in advance! -- ---------------------------------------------------------------------------------- Some important links for excel users: 1. Follow us on TWITTER for tips tricks and links : http://twitter.com/exceldailytip 2. Join our LinkedIN group @ http://www.linkedin.com/groups?gid=1871310 3. Excel tutorials at http://www.excel-macros.blogspot.com 4. Learn VBA Macros at http://www.quickvba.blogspot.com 5. Excel Tips and Tricks at http://exceldailytip.blogspot.com To post to this group, send email to excel-macros@googlegroups.com <><><><><><><><><><><><><><><><><><><><><><> Like our page on facebook , Just follow below link http://www.facebook.com/pages/discussexcelcom/160307843985936?v=wall&ref=ts