Monte Carlo: from one number to a distribution
Why a “probability of inability” says more than a point estimate.
A fourteen-step methodology that shows, with numbers, what a household or a business can really pay
MLC3 is a fourteen-step methodology (N1–N14) that records actual financial capacity and documents, with tables and charts, financial inability towards the Greek tax administration (AADE).
The data are illustrative, of a fictional household. See the analysis and the tables.