Decision Tools is a set of Microsoft Excel add-ins for risk and decision analysis. It includes @Risk, StatTools, PrecisionTree, TopRank and other Excel add-ins.
The McCombs School of Business has licensed the software from Palisade for students to use, free of charge. You will need to first have Microsoft Office (which you can install through UT Austin for free) if you are installing DecisionTools. To do that, go to office365.austin.utexas.edu and select "Office 365 Portal". Once signed in, click "Install and more" and "Install Microsoft 365 Apps".
- Available on campus:
- Computers available to check out from McCombs Media Services (3.132).
- DecisionTools is one of the applications available on the StatApps terminal server maintained by the Department of Statistics and Data Sciences. For more information about connecting to this server, please see our wiki page at https://utexas.atlassian.net/wiki/display/MSBTech/Configuring+a+Remote+Desktop+Connection+for+the+Stat+Apps+Server.
- Download to your computer:
- You can download DecisionTools to any Windows computer. If you have a Mac, you can install a Windows virtual machine (Instructions: VMWare Installation Instructions for Macs).
- First, visit https://utexas.box.com/v/dtsinstaller (you will be prompted to login with your EID). Download the file.
Attention Mac Users
This software is only available for Windows. To install this onto a Macintosh you should first create a virtual machine on your computer and install Microsoft Windows and Office into it. If you do not currently have a Windows VM available on your computer (or a dual boot Mac/Windows computer), then you have a couple of options:
- Install a Windows Virtual Machine and install DTools on it. You can visit the SWAT Shop to request assistance in installing this VM or you can install it yourself by following the instructions at Installing VMWare for Macs
- Use one of the computers setup in the NRG Reading Room (CBA 4.112A).