Where Excel can tell you that X + Y = Z, the ChanceCalc add-in says “What do you want Z to be?” “Here are your chances.” And because you make use of the statistical analysis of others, this can be done with only two buttons.
Dr. Savage will demonstrate examples involving the chance of a project being late, the chance that a capital investment will lose money and the chance that a hospital will run out of PPE in a Covid surge.
https://2022.riskawarenessweek.com/talks/moving-from-single-point-scenarios-to-ranges-and-distributions/
Dr. Sam L. Savage is the author of The Flaw of Averages and Executive Director of ProbabilityManagement.org, a 501(c)(3) nonprofit devoted to making uncertainty actionable. The organization has received funding from Chevron, Lockheed Martin, General Electric, PG&E, Wells Fargo, Kaiser Permanente and others.
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