| Upside Outcomes |
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Outcomes are the results of an experiment. When an output is the combination of many inputs, of which all can take one of a range of values, it is possible to forecast the range within which an outcome will lie in the future when an actual occurrence takes place. Often this is done by running Monte Carlo Simulation which will produce a Probability Distribution for the expected range of outcomes. Of course, in reality, there is only one outcome that will actually occurs within the commonly accepted view of time and space. The Average Outcome is the one which is which has a probability of 50% of occurring. Any outcome that lies above this point is therefore more than should be expected and is referred to as an Upside Outcome. |
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