Weather-Driven Sales
1269
Model how correlated weather variables (temperature and sunshine) affect retail sales, costs, and daily profit. Demonstrates copula correlation and multi-stage cost modeling.
VARIABLEUntitled
normal
Daily temperature (°C)
temperature
VARIABLEUntitled
uniform
Hours of sunshine
sunshine
COPULAUntitled
2 inputs, ρ = 0.60
Warm days tend to be sunnier
temperature
sunshine
temperature
sunshine
CONSTANTUntitled
100
Average daily sales
base_sales
FORMULAUntitled
1 + (temperature - 15) * 0.02 + sunshine * 0.03
Sales multiplier from weather
temperature
sunshine
weather_boost
FORMULAUntitled
base_sales * weather_boost
Daily sales adjusted for weather
base_sales
weather_boost
total_sales
OUTPUTUntitled
Output
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The team behind Carlo. We believe everyone deserves tools to reason about risk and uncertainty.
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Carlo is a visual tool for Monte Carlo simulation. Model uncertainty by dragging probability distributions, connecting them visually, and running thousands of scenarios instantly.