StatSim

StatSim: Predictive Modeling & Forecasting Software

Statistical simulation software for predictive modeling, forecasting, and uncertainty analysis.

What is StatSim?

StatSim is a user-friendly statistical simulation software designed for predictive modeling, forecasting, and estimating outcomes under uncertainty. It provides a drag-and-drop interface to build simulation models that incorporate statistical distributions, correlations, historical data, and domain expertise.

Key features of StatSim include:

• Graphical model building with drag-and-drop components for distributions, relationships, etc.
• Large library of probability distributions and ability to customize/fit distributions
• Correlation and regression modeling for establishing relationships
• Sensitivity analysis tools to understand model drivers
• Integration with Excel and text/CSV files for inputs
• Powerful reporting for graphs, summary statistics, percentiles, etc.
• Cloud-based with ability to collaborate across teams

With StatSim's intuitive visual interface and comprehensive toolset, analysts can rapidly develop, test, and report on stochastic simulation models for forecasting, estimating project risks, evaluating financial decisions, clinical trial planning, and many other applications involving variability and uncertainty.

StatSim Features

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