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Saving and Spending Money

Rick Kossik -

A simple  model that calculates the probability that a child will be able to buy a bike given his weekly allowance and his spending habits. The primary result is the probability distribution which provides the likelihood that the child will be able to buy the bike given his financial constraints.

Bike.png

Experience Level:

Novice

Download the Model File:

Tags:

  • Fund
  • Events
  • Finance
  • Financial
  • Discrete Change
  • Discrete Events
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