I have a worksheet that calculates various values based on a random value and would like to use the law of large numbers to converge to an average for each calculation.
I am thinking of using VBA to execute the calculation 1000's of times and store the values in a list for averaging at the end. My current testing code only stores the original value after each iteration. ie Safety1 does not change even though the value in R36 changes.
Dim Safety1(0 To 10) As Long
For i = 0 To 10
Safety1(i) = Sheet34.Range("R36").Value
Debug.Print Safety1(i)
Next i
myAverage = Application.WorksheetFunction.Average(Safety1)
myAverage should be the converging average.
R36 contains the sum of other ranges, which contain values based on rand()
If there is a better way to do this, i am happy to listen.
Thanks in advance.