This blog briefly posts some fairly standard (but not fully accepted, and more often simply not implemented!) “best practice principles” in Excel modelling. A later blog discusses a related topic as to whether risk modelling (when building Monte Carlo simulation models using @RISK in Microsoft Excel) requires the same (or a modified) set of principles. […]
Daily Archives: March 18, 2009
Wetware vs. Software
I have just smushed up against a brand new piece of computer jargon: wetware. Also referred to as meatware, it is the living analog of software. It is the biological processes involved in cognition. Where, you may reasonably wonder, did I encounter this attractive term? In a recent article in Wired that more or less […]