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Additional Resources
- There is no better book to help you see the value of using Monte Carlo simulation and improve your skills at estimating than Douglas W. Hubbard's How to Measure Anything: Finding the Value of "Intangibles" in Business.
- For a readable account of why you should avoid single-number estimates like averages, check out Sam L. Savage's The Flaw of Averages: Why we Underestimate Risk in the Face of Uncertainty. Dr. Savage will change the way you think about averages.