Externally-Defined Distribution

The Externally-defined distribution is a specialized distribution that is defined externally by a Distribution output:

The External Definition field only accepts a Distribution output.  Distribution outputs are complex outputs that represent all the statistical information necessary to define a probability distribution.  They can only be produced by another Stochastic element, a Spreadsheet element, or a SubModel.

The primary purpose of this distribution type is to connect a Stochastic to a distribution that has been imported via a Spreadsheet element.

However, there are also several other specialized uses, such as exchanging distribution information with a SubModel, and to support dynamically revising distributions using simulated Bayesian updating.

Related Topics…

Learn more about: