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10:00
YouTube
Decision analytic modelling in health economics
Spotlight on: Multivariate normal distribution
The multivariate normal distribution (MVN) lets us model multiple normally distributed variables which are also correlated. We often use it in decision analytic models to incorporate uncertainty in regression results into our model. To sample from the multivariate normal distribution in Excel isn't that difficult but we need to have the ...
2.3K views
Jun 23, 2021
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