Generating random values with a trend

Juls687

New Member
Joined
Feb 26, 2022
Messages
1
Office Version
  1. 365
Platform
  1. MacOS
I am looking at forecasting something with a growth rate every year and I am running a Monte Carlo simulation with every years growth rate being normally distributed b/w 2 values and running thousands of simulations. I was wondering how I could get the random number generations to follow a trend. (I.e. it doesn’t make sense for the growth to be sporadic: negative, positing, negstive, positive. So I wasn’t sure how I could make it ‘trend’ based off previous values but still be possible for it to turn positive/negative
 

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What do {} around a formula in the formula bar mean?
{Formula} means the formula was entered using Ctrl+Shift+Enter signifying an old-style array formula.

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