PsiVariance (cell,simulation)

PsiVariance returns the variance for the specified uncertain function cell.  Like standard deviation, variance is a measure of the spread or dispersion of the distribution of trial values for cell, and takes into account both positive and negative deviations from the mean.  The square root of variance is the standard deviation.  The variance is the 2nd moment of the distribution of trials and is computed as:

PsiVariance Statistic Function

Two additional arguments are utilized when a Psi Statistic function is used with Dimensional Modeling: Struc_format and Param_slice.

PsiVariance (cell,simulation,struc_format,param_slice)

Struc_format: This argument is an optional argument entered as a string. If omitted, all cube values will be printed in a single column. If “dims” is passed for this argument, the Psi Statistic function will print all dimensions in the cube with their lengths so the user can be advised of the size of the cubes and will be able to estimate the range needed when entering the Psi Statistic function as an array formula. If “vals” is passed for this argument, the result values will be displayed along with the dimension elements in the form of a relational or pivot table. Please see the Simulation example in the Dimensional Modeling chapter in Frontline Solvers User Guide for more information on this function. It’s also possible to use this argument to return the name of a specific element in a cube containing one or more structural dimensions.

To use this argument to return the value of a specific element in a 1-dimensional cube (containing a structural dimension), use the form: “ [StructuralDimisension1].[Element1]”. To use this argument to return the value of a 2-dimensional cube (containing structural dimensions), use the form: “[StructuralDimension1].[Element],[StructuralDimension2].[Element]”.

To use this argument to return the value of a N-dimensional cube (containing structural dimensions), use the form: “[StructuralDimension1].[Element],[StructuralDimension2].[Element],…,[StructuralDimensionN].[Element]”.

Param_slice: The param_slice argument is an optional string argument specifying the desired element “slice” for the parametric dimensions. If omitted the elements selected in the pane will be used. It’s also possible to use this argument to return the value of a specific element in a cube containing one or more parametric dimensions.

To use this argument to return the value of a specific element in a 1-dimensional cube (containing a parametric dimension), use the form: “[ParametricDimisension1].[Element1]”.

To use this argument to return the value of a 2-dimensional cube (containing parametric dimensions), use the form: “[ParametricDimension1].[Element],[ParametricDimension2].[Element]”.

Compound Distributions

Analytic Solver computes the variance of a compound distribution as:

Variance = N * distr variance

Where N is the compound size and distr variance is the variance of the underlined distribution.