Montecarlito is described as 'MonteCarlito is a free Excel-add-in to do Monte-Carlo-simulations. Apart from these it can also do statistical analysis like mean, median, standard error, variance, skewness, kurtosis. It can create histograms. The code is open source'. There are more than 50 alternatives to Montecarlito for a variety of platforms, including Windows, Mac, Linux, Online / Web-based and iPhone. The best alternative is R (programming language), which is both free and Open Source. Other great apps like Montecarlito are RStudio (Free, Open Source), JASP (Free, Open Source), PSPP (Free, Open Source) and KNIME (Free, Open Source).
- 50 alternatives