RiskTriangAlt, RiskTriangAltD

Description

RiskTriangAlt(arg1type, arg1value, arg2type,arg2value, arg3type,arg3value) specifies a triangular distribution with three arguments of the type arg1type to arg3type. These arguments can be either “min”, “m.likely”, “max”, or a value between 0 and 1 to specify a percentile.

 

Examples

RiskTriangAlt("min",2,"m. likely",5,95%,30) returns a triangular distribution with minimum 2, and most likely value 5, and 95th percentile 30.

 

Guidelines

With RiskTriangAltD, any entered percentile values are cumulative descending percentiles, where the percentile specifies the probability of a value greater than or equal to the entered value.