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Adding standard deviation bands to simulations

  1. #1
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    Adding standard deviation bands to simulations

    I'm using =rand() to create a weighted coin-toss simluation. I have one cell where I input the probability of heads (such at .55). Column A is 1000 cells of =rand(), while column B is just a running tally of +1 when <.55 and -1 when >.55

    By doing this I can graph the results, and refresh to observe random trials. I also added an "expected value" line to my graph. However the final piece is I want to include the standard deviation bounds (parabola) for which I can expect the trials to fall within for 95% of the time or whatever. How would I go about doing this in excel?

  2. #2
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    Re: Adding standard deviation bands to simulations

    I'm not sure how you are calculating standard deviation. Perhaps you can get the effect you want by adding and formatting error bars to your chart http://office.microsoft.com/en-us/ex...044.aspx?CTT=1
    Quote Originally Posted by shg
    Mathematics is the native language of the natural world. Just trying to become literate.

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