Distribution

DistributionFitting
Fitting
The
Thedata
datainincolumn
columnCCof ofthe
thenext
nextsheet
sheetrepresent
representthree
threeyears
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ofweekly
weeklydemands
demandsfor foraacompany's
company'sproduct.
product.The Thedata
dataare
are
nonnegative,
nonnegative, unbounded above (no natural upper bound), and essentially continuous. (They are actually integervalues,
unbounded above (no natural upper bound), and essentially continuous. (They are actually integer values,b
are
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valuesthat
thataacontinuous
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distributionmakes
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Fromhere,
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@RISK'sdistribution
distributionfitting
fittingtool
toolcan
canbb
suggest good fits to the data. Actually, once you enter properties of the data, such as a fixed lower bound
suggest good fits to the data. Actually, once you enter properties of the data, such as a fixed lower bound of 0, the Distrib of 0, the Distrib
Fit
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ofthe
theFitFitDistributions
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dialogselects
selectsall
alldistributions
distributionsthat
thatmeet
meetyour
yourcriteria.
criteria.IfIfthere
therearearesome
someyou
youdon't
don'twant
wanttotott
because you are not familiar with them), you can uncheck them. For this example, all but the exponential,
because you are not familiar with them), you can uncheck them. For this example, all but the exponential, lognormal, an lognormal, and
were
wereunchecked.
unchecked.The Thechart
chartofofthe
thetwo
twobest-fitting
best-fittingdistribution
distributionto
tothese
thesedata,
data,the
theWeibull
Weibulldistribution
distributionwith
withparameters
parameters1.6 1.6
119.92,
119.92, and the lognormal distribution with parameters 109.34 and 84.071, is shown. At this point, either ofthese
and the lognormal distribution with parameters 109.34 and 84.071, is shown. At this point, either of thesedistrib
distrib
could
couldbebeentered
enteredininaacellcell(possibly
(possiblyrounded
roundedto toananinteger),
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F25.
Note
Notethat
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here,you
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seeititininthe
theDistribution
DistributionFitting
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dropdownlist
listunder
underDefined
Define
allows you to get back to it easily if you need
allows you to get back to it easily if you need to. to.

Note:
Note: The
TheIndustrial
Industrialor
orProfessional
Professionaledition
editionisisrequired
requiredto
touse
usethe
theDistribution
DistributionFitting
Fittingfeature
featureof
of@RISK.
@RISK.
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ompany's product.The Thedata
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hey
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butthere
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ed lower
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try(maybe
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t the exponential, lognormal, andWeibull
the exponential, lognormal, and Weibull
distribution
distributionwith
withparameters
parameters1.6762
1.6762and
and
this point, either of these distributions
this point, either of these distributions

tting
ttingdropdown
dropdownlist
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underDefined
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Week Demand
1 135
2 34
3 128
4 52
5 54
6 148
7 81
8 22
9 31
10 163
11 144
12 168
13 166
14 53
15 80
16 104
17 94
18 33
19 60
20 45
21 12
22 101
23 66 Future demand 107
24 52
25 287
26 117
27 60
28 121
29 83
30 96
31 38
32 85
33 105
34 174
35 97
36 176
37 295
38 58
39 127
40 113
41 190
42 99
43 68
44 224
45 15
46 115
47 182
48 269
49 141
50 76
51 86
52 37
53 116
54 139
55 155
56 153
57 146
58 22
59 304
60 151
61 29
62 142
63 87
64 30
65 90
66 52
67 298
68 80
69 105
70 218
71 74
72 71
73 52
74 80
75 50
76 92
77 218
78 67
79 112
80 183
81 148
82 157
83 77
84 13
85 51
86 67
87 128
88 67
89 65
 90 68
91 16
92 176
93 58
94 30
95 165
96 69
97 283
98 42
99 279
100 78
101 49
102 38
103 73
104 57
105 152
106 162
107 60
108 52
109 107
110 101
111 69
112 38
113 108
114 66
115 41
116 91
117 116
118 163
119 86
120 178
121 59
122 59
123 91
124 73
125 198
126 54
127 275
128 76
129 108
130 204
131 112
132 19
133 57
134 348
135 75
136 84
137 69
138 150
139 34
140 42
141 105
142 108
143 86
144 95
145 24
146 93
147 149
148 225
149 15
150 115
151 131
152 144
153 118
154 118
155 93
156 111