Is there a better explanation of Monte Carlo somehere?
I am having great difficulty understanding the reports. The manual uses numerous terms of art without defining them. As a simple example, the term "living standard" is never defined. Why is living standard different from consumption? I won't even start on the explanation of the Monte Carlo reports. ESPlanner is a great product and is very easy to use but the documentation for the reports was written for someone who has a Ph.D. in either economics or statistics, which, unfortunately, I do not.
Is there an ESPlaner Reports for Dummies?