RiskStdErrOfMean

Description

RiskStdErrOfMean (cellref or output/input name,Sim#) returns the standard error of the mean of the simulated distribution for cellref. You can use the RiskTruncate property function to optionally restrict the range of the simulated distribution for calculating the statistic.

Examples

RiskStdErrOfMean (A10) returns the standard error of the mean of the simulated distribution for cell A10.

Guidelines

Note that the returned standard error assumes Monte Carlo sampling, so if the samples for the simulated distribution were generated using Latin Hypercube sampling, the returned standard error may be conservative, that is, larger than it needs to be. See http://kb.palisade.com/index.php?pg=kb.page&id=124 for more information.