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@Risk (Palisade Corporation)

@RISK is a risk analysis and simulation software for Microsoft Excel. The tool lets users add uncertainty to their models, such as different values of variables, by using Monte Carlo simulations. By calculating multiple scenarios and outcomes, @RISK helps quantify the risk associated with different decisions or situations. The software supports decision-making under uncertainty in many industries such as finance, insurance, engineering, project management and operations research by enabling better strategic planning and more informed investment choices.