Overlaying cdf plots

See also: Cumulative probability plots, Second order cumulative probability plot, Presenting results introduction, Graphical descriptions of model outputs

Several cumulative distribution plots can be overlaid together. The plots are easier to read if the curves are formatted into line plots rather than area plots:

Overlaying cumulative plots like this is an intuitive and easy way of comparing probabilities, and is the basis of stochastic dominance tests. It is not very useful, however, for comparing the location, spread and shape of two or more distributions, for which overlaying density plots are much better.

We recommend that a complimentary cumulative distribution plot is given alongside the histogram (density) plot to provide the maximum information.

Read on: Stochastic dominance tests

 

 

ModelRisk

Monte Carlo simulation in Excel. Learn more

Tamara

Adding risk and uncertainty to your project schedule. Learn more

Navigation

FREE MONTE CARLO SIMULATION SOFTWARE

For Microsoft Excel

Download your free copy of ModelRisk Basic today. Professional quality risk modeling software and no catches

Download ModelRisk Basic now

FREE PROJECT RISK SOFTWARE

For Primavera & Microsoft Project

Download your free copy of Tamara Basic today. Professional quality project risk software and no catches.

Download Tamara Basic now
-->