JMP - does it have simulation capability or one needs PRO version?Hi All,
I would like to ask what simulation capabiities are in JMP 13 basic version if any? Or for a simulation/Monte Carolo one needs to have Pro version?
Thank you,
Konrad
Re: JMP - does it have simulation capability or one needs PRO version?Thank you for all information.
KonradRe: JMP - does it have simulation capability or one needs PRO version?Yes, they exist in standard JMP. Links to a video and blog post below:
https://www.youtube.com/watch?v=9KZ7Ns3CQzU
https://community.jmp.com/t5/JMP-Blog/Scenario-based-planning-amp-optimization-in-Excel-amp-JMP-Part-4/ba-p/30406
Dear JMP Developers / Systems Engineers: Making a video of the blog post would be a great addition to the YouTube channel...
Re: JMP - does it have simulation capability or one needs PRO version?The standard version of JMP does offer simulation capability from within the Profiler platforms. Please check here to see if this is the capability you are looking for (note that this is available in v13, as well):
https://www.jmp.com/support/help/14-1/simulator.shtml#
Re: JMP - does it have simulation capability or one needs PRO version?JMP does not provide the Bootstrap and Simulate commands. Those features belong to JMP Pro.
Re: JMP - does it have simulation capability or one needs PRO version?So the basic JMP verion does not offer simulaiton capabilities.
Thank you,
Konrad
Re: JMP - does it have simulation capability or one needs PRO version?JMP Pro offers bootstrap and simulation of any result in a platform report. Simply right click on the target and select the command for one of these features.
I have scripted many simulations in JMP. Column formulas might also be useful. It really depends on the nature of your simulation and your goals.
