RISKview
™
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p. 1 of 4
Risk Analysis
Windows 95 and higher
#1010
$199
View Distributions with RISKview!
RISKview is the world’s most popular tool for viewing,
creating and assessing probabilities graphically.
RISKview allows you to preview, edit, and draw
probability distribution functions. Available as a standalone product, fully integrated with every copy of @RISK
for Excel, BestFit, or bundled with the DecisionTools®
Suite, RISKview is one of the most versatile companion
programs on the market! As part of @RISK, RISKview
appears as a “pop-up” distribution viewer window that
quickly assigns probabilities to spreadsheet cells.
RISKview can also be used to determine probability
distributions for models built with RISKOptimizer™ or
@RISK for Microsoft Project! RISKview is easily
launched from these applications with a new icon
appearing alongside the Excel or Project toolbars.
RISKview “pops-up” over your spreadsheet models!
RISKview truly shines as a companion to the latest releases of @RISK for Excel, RISKOptimizer, or @RISK for
Project. Or use RISKview by itself when working with probability distributions for other purposes! No matter how you
use it, RISKview is the most comprehensive probability viewer around.
Visualize Your Distributions
RISKview is an interactive distribution viewer where you can
instantly view distribution graphs for any of the 37 @RISK
distributions. Just choose the distribution you are interested
from the drop-down list of distribution functions. Not sure
what a particular distribution looks like? Just select it from the
menu and instantly see a graph of the distribution. Or, click a
button to bring up the Distribution Palette – a gallery of
thumbnail sketches representing all available distribution
types. Just click the thumbnail of the distribution you wish to
use to see the full graph!
RISKview’s Distribution Palette makes choosing
distributions a snap!
Graphs in RISKview are high-resolution and presentationquality. Furthermore, all graphs may be fully customized by
type (density area, cumulative ascending, cumulative
descending, etc.), scaling, colors, and more. Plus, graphs may
be exported to Excel for further modification in native Excel
chart format. All graphs include sliding delimiters as well for
quick, accurate comparisons of probabilities.
An Interactive Distribution Viewer
Then, type in desired parameters or adjust them with spin buttons, and watch the graph update as you change
parameters! Want to quickly see a graph of a Lognormal distribution with mean = 100 and standard deviation = 10?
Just type in the parameters in the fields provided. Need to see the same distribution with a standard deviation of 20 or
30? Just type in 20, 30, or use the spin buttons and watch the graph reflect the change. With this versatile product you
Palisade Corporation, 31 Decker Road, Newfield, NY 14867 USA
TEL: 800-432-7475 -or- 607-277-8000, FAX: 607-277-8001
[email protected], www.palisade.com
RISKview
p. 2 of 4
and your colleagues can view and review the probabilities used in your @RISK, RISKOptimizer or @RISK for Project
models. Once you have created the distribution you like, click a button and the currently displayed distribution will be
entered into the active Excel spreadsheet cell or current Project field! RISKview makes it easy to pick the right
distribution to describe your uncertain values.
Alternate Parameters
for Greater Flexibility
There may be instances where you wish to use a
particular distribution function to describe an uncertain
factor, but you don’t have enough information to
determine the parameters for that distribution. For
example, from experience you may know that a normal
distribution best describes the net pay of an oil reservoir,
but you don’t have enough information about the field to
know what the mean and standard deviation of the
Alternate Parameters give you more flexibility when defining your
distribution may be. RISKview allows you to enter
uncertainty.
parameters as percentile values, giving you even greater
modeling flexibility. For example, you can use survey or historical data to estimate the 10th and 90th percentiles of a
normal distribution instead of guessing at the mean and standard deviation.
To do this, simply select your distribution, then click the new “Alt” button to bring up the alternate parameters dialog.
Enter your percentile values, and RISKview automatically creates a new distribution function for you. You can even
use a combination of standard and percentile parameters!
Distributions available in RISKview include:
Beta
Beta General
Beta-Subjective
Binomial
Chi-Square
Cumulative
Discrete
Discrete Uniform
Error Function
Erlang
Exponential
Extreme Value/Gumbel
Gamma
General
Geometric
Histogram
Hypergeometric
IntUniform
Inverse Gaussian/Wald
Logistic
Log-Logistic
Lognormal
Lognormal2
Negative Binomial
Normal
Pareto
Pareto 2
Pearson V
Pearson VI
PERT
Poisson
Rayleigh
Student's t
Triangular
Triangular General
Uniform
Weibull
All Statistics Included
With RISKview, you get all statistics for every distribution function in a handy spreadsheet-style report to the right of
the graph. Minimum, maximum, mean, mode, standard deviations, skewness, kurtosis and all other statistics you would
expect are there, and are updated automatically when the graph
changes. RISKview gives you complete information to ensure
the most accurate probability distribution to fit your situation.
All distribution statistics appear to the right of the graph
in RISKview.
Palisade Corporation, 31 Decker Road, Newfield, NY 14867 USA
TEL: 800-432-7475 -or- 607-277-8000, FAX: 607-277-8001
[email protected], www.palisade.com
RISKview
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Use the Distribution Artist
to Draw Your Own Curve
Use RISKview’s Distribution Artist to create a picture-perfect
distribution curve!
What if you just don't know what function to use, but you
can draw a curve which reflects the range and distribution of
possible values? With RISKview's Distribution Artist, you
get a toolkit for creating your own distributions! Give
RISKview a minimum and maximum value, then use the
mouse to sketch your curve in between. Stretch the curve up
or down at any point when you want to change its shape. A
smoothing function helps those shaky hands. Done with your
newly created masterpiece? RISKview changes your drawn
curve to an @RISK General function which can be entered
into the current spreadsheet cell or Project field.
RISKview can take your hand-drawn curve one step further. Using technology from Palisade’s powerful BestFit
software, RISKview can calculate the standard distribution type and parameter values that “fit” your curve the best! All
you have to do is click the Fit Curve button in the RISKview toolbar and use the resulting distribution function in your
model!
Intuitive Interface
RISKview’s Microsoft Office-style interface makes it easy to get up and running
quickly. Dialog boxes, menus, toolbars, tables and graphs are all designed to be
familiar and easy to understand. Most commands are accessible via toolbar
buttons or right-click pop-up menus. You’ll find yourself doing most of your
work using only the mouse!
Compare Distributions
Using Overlays
Compare distributions using overlays.
Do you want to see how the range and probabilities of two
distribution functions differ? Ever wanted to compare graphs
of two different distributions on top of each other? With
RISKview 4.5, you can! Using a simple right-click command,
it's easy to overlay two distribution graphs on top of each other,
and you can compare probabilities using sliding delimiters.
Overlay graphs automatically take on parameters within a
similar range as the original graph, making comparisons easy.
All statistics for both distributions are displayed in the linked
statistical report to the right of the graph for easy reference.
Want to remove the overlay, or switch back and forth between
the two graphs? Simply right click to perform those functions
as well!
Palisade Corporation, 31 Decker Road, Newfield, NY 14867 USA
TEL: 800-432-7475 -or- 607-277-8000, FAX: 607-277-8001
[email protected], www.palisade.com
RISKview
p. 4 of 4
Use RISKview Fully Integrated with @RISK
When used with @RISK for Excel, RISKview becomes a pop-up distribution viewer easily accessible via a toolbar
button or a right mouse click. Pop-up over an Excel cell and graphically assign probability distributions to any value in
the formula. As you change parameters, truncate your distribution or name it, watch as RISKview builds your
distribution for you. You get the best of both worlds – a complete intuitive graphic assignment of distributions
combined with the fully flexible distribution function format of @RISK! Plus, RISKview links directly to distribution
functions that are used in your @RISK models, so any time you change your distribution, you can see an updated graph
with RISKview.
RISKview Features
Pops up directly over Excel or Project
Use with @RISK, @RISK for Project,
RISKOptimizer, or with the DecisionTools Suite
Lets you preview and edit 37 distribution
functions
Distribution Palette provides thumbnail sketches
of available distributions
Alternate distribution parameters let you enter
percentile values for distributions
Interactive distribution viewer displays
distribution function graphs at any parameter
values
Spin buttons instantly change parameter values
and re-graph distributions
Graphs are presentation quality and fully
customizable
Graphs may be exported to Excel
Sliding delimiters on all graphs make comparing
probabilities easy
Full statistics provided for all distributions
Distribution Artist lets you draw and modify
your own distribution curves
Instantly gives you the “best-fitting” standard
distribution that matches your hand-drawn curve
Smoothing takes the jags out of your drawn
distributions
Drawn or entered distributions can be instantly
placed in Excel or Project
Overlay graphs let you graphically compare two
different distribution functions
Overlay graphs automatically take on
“intelligent” parameters.
Tighter integration with @RISK builds
distribution functions for you
Office-style interface makes RISKview
easy to use
Only $199!
System Requirements: IBM PC compatible Pentium or higher; Microsoft Windows
95 or higher; 16MB RAM installed.
Recommended: 32MB RAM installed.
Pricing and Availability: $199; network, volume, and academic pricing available.
Version: 4.5
Technical Support: Free for first 30 days, then available through Maintenance Plan
Demo: Free demo CD available
Palisade Corporation, 31 Decker Road, Newfield, NY 14867 USA
TEL: 800-432-7475 -or- 607-277-8000, FAX: 607-277-8001
[email protected], www.palisade.com