What is Monte Carlo PC?

Monte Carlo/PC is a program that can generate random number data sets on 1 to 99 variables for unlimited numbers of observations.  Means and standard deviations may be specified, and when the requested data set consists of two or more variables, the correlational structure describing the relationships between the variables may also be specified. 

The system currently generates observations derived only from uniform or normal distributions, but the uniform deviates may be transformed to other distributions through procedures described in a variety of sources (e.g., Dagpunar, 1988).

By repeatedly running the program with a set of specifications in MC mode, data sets with an unlimited number of observations can be generated and acted upon by one or more external programs, repeating this cycle as many times as the user specifies, with no limit. 

A very useful feature of this system is the ability to generate data sets that are either samples from underlying populations or actual populations in the sense of possessing exactly the parameters specified.  These populations, or "exact data sets", when generated on two or more variables, will possess exactly the means, standard deviations, and correlational structure specified. Unlike other programs which typically limit this capability to 3 variables, Monte Carlo PC offers this capability for up to 99 variables.

Learn More About Monte Carlo PC:

The Screen Shots and User Manual tabs on this site will enable you to see how the program operates and will answer most of the technical questions you might have. Please feel free to contact us if you have further questions about the program that this website does not answer. We hope that if you buy and use this program, you will share your experiences with it and provide examples of the kinds of research and applied questions you addressed with it.

Introductory Period Discount:

During the period between August 22, 2011 and December 31, 2011, a $50 discount will be applied to all purchases of Monte Carlo PC. This applies to both academic and non-academic customers.