CP045: Introduction to Monte Carlo Simulations in Excel

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In the 45th session of Chandoo.org podcast, let’s get in to Monte Carlo simulations.

Introduction to Monte Carlo simulations in Excel - Chandoo.org podcast - session 045

What is in this session?

In this podcast,

  • Quick personal updates – 200km BRM and book delay
  • History of Monte Carlo simulations
  • Monte Carlo simulations – an example
  • How to do simulations in Excel
    • Formulas
    • VBA
    • Data Tables
  • Using data tables to run simulations – case study – estimating Pi value
  • Things to keep in mind when setting up your simulation models
  • Resources on Monte Carlo simulations in Excel
  • Conclusions

Listen to this session

Click here to download the MP3 file.

Resources on Monte Carlo simulations

Articles & tutorials on data tables & Monte Carlo simulations

Example workbook – Estimating Pi value with Monte Carlo simulations

Courses:

50 ways to analyze data is a comprehensive online course to help you become a better analyst. In this course, you will learn how to create Monte Carlo simulations, optimization models, advanced analysis models & visualizations.

Please click here to know more about 50 ways program

Transcript of this session:

Download this podcast transcript [PDF]

Simulate stuff? Stimulate someone, share stories…

Do you simulate stuff at your work (or personal life)? If so, please share your experience with rest of Chandoo.org audience. Post your simulation process, tips & ideas in the comments section.

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7 Responses to “Extract data from PDF to Excel – Step by Step Tutorial”

  1. Jinesh Vasa says:

    Dear Chandoo,

    Thank you very much for this and it is very helpful.
    However, all the Credit Card Statements are now password protected.
    Please advise how can we have a workaround for that

  2. Sivakumar H says:

    Hello sir,
    How to check two names are present in the same column ?
    Thanks and Regards

  3. Ahmed Mallook says:

    Hi, Thank you for the great tip. One problem, when I click on get data >> from file, I don't see the PDF source option. How can I add it?
    I tried to add it from Quick Access toolbar >>> Data Tab, but again the PDF option is not listed there.
    I am using Office 365

  4. PP says:

    Hi, Thank you for your video. I see you used the composite table, but I when I load my pdf, it does not load any composite table. It has 20 tables and 4 pages for one bank statement. I have about 30 bank statements that I want to combine. Your video would work except that I can't get the composite table and each of the tables I do get or the pages does not have all the info. what to do?

  5. Jr. H says:

    Dear Chandoo,
    How do we select multiple amount of tables/pages in one PDF and repeat the same for rest of the PDF;s in the same folder and then extract that data only on power query.

    Thank you

  6. antonlagi says:

    Hi, Thank you for your video. I see you used the composite table, but I when I load my pdf, it does not load any composite table. It has 20 tables and 4 pages for one bank statement. I have about 30 bank statements that I want to combine. nice share

  7. One bank statement takes up 20 tables and four pages in this document. I need to consolidate roughly thirty different bank statements that I have. Your video would be useful if I could only get the composite table, which I can't for some reason, and each of the tables or pages that I can get is missing some information.

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