Calculate Probability To Reach At Certain Point
Jun 3, 2014
I want to know if it's possible to calculate the probability that a certain range of values, reach to a certain point.....
The range is this (example):
4
3
9
7
14
22
15
20
42
46.....
What I want to know is if this tendency will reach to 1000. Or how many steps more will be need to reach 1000.
Like I said, and don't know if this is in the right place, but if you put this values in a graphic you will see that the tendency is growing. I assume that this tendency will reach to 1000. But will be in the next 10 steps or in the next 30.
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Dec 7, 2007
I have a target to achieve every month in my department for the number of items completed named BC.I am trying to create a formula so that I know how many minimum items I need to complete every day in order to achieve this target by month end. The target to complete each month is calculated with multiple variables and therefore I am not sure how create a formula to calculate the minimum item to be completed everyday to achieve the target by month end. I have attached the spreadheet and appreciate help. The target to achieve is named "Target BC" in red.
In addition, at the beginning of the month, we only have forecasted numbers and these numbers needs to be replaced by actual numbers everyday.
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May 21, 2009
I want to save one million dollars in 10 years earning 8.00% interest. How do I calculate how much I need to save per month.
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Jun 3, 2006
I have two data sets one measured and one modelled and I am testing a conceptual model that proposes that only where the tails of the probability distributions of each data set crosses will you experience an event. I'm enclosing an example file which contains both data sets and some descriptive statistics as well as the associated histograms and a diagram of what I'm ultimately trying to achieve. My question is how I go from the data sets I have with such a large discrepancy between them to plotting their probability distributions?
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Aug 19, 2013
I am looking for a formula that will calculate the number after the decimal point, for example: A1=0.4656162 I want to multiple the number after the decimal point by A2=60, is there a simple formula to enable me to do this as I have to perform this across a large number of cells.
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Jan 18, 2008
I have put my values into a XY scatter graph but need to find the maximum point i.e when the gradient is zero. I am using visual basic to obtain my data and draw my graph.
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Dec 10, 2008
I have a pivot table as shown below which is pretty straight forward however I am trying to create a macro that will automatically change the point name to match the point name in column E then copy that resulting dispaly to another sheet then pick the next point name in line and do the same thing and repeat for 50 rows, so my end result will be 50 pivot tables ready for printing. I can do this manually but I am trying to make it automatic...BTW the point names in column E change everyday but the pivot table supports the name changes.
Option Explicit
Sub PointName()
Dim Ws As Worksheet
Dim Rng As Range, Cel As Range
Set Ws = ActiveSheet
Set Rng = Range(Cells(2, 7), Cells(Rows.Count, 7).End(xlUp))
For Each Cel In Rng
Ws.PivotTables("PivotTable1").PivotFields("Point Name").CurrentPage = Cel & " "
Ws.Columns("A:B").Copy
Sheets.Add
With ActiveSheet
.Paste
.Name = Trim(Cel)
.Range("A1").Select
End With
Next
Ws.Activate
End Sub
I turned it off for a while and when I turned it back on I am getting an error
Unable to set the _Default property of the PivotItem class
Debugger is highlighting
Ws.PivotTables("PivotTable1").PivotFields("Point Name").CurrentPage = Cel & " "
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Apr 11, 2007
This is more of a probability question than Excel - but I know Excel has functions to work out the answer (and I was hopeless with probability maths at school so knowing which function to use is also a problem)
Here's the deal:
There are 43,000 tickets in a multiple draw lottery/raffle
There are 1,730 prizes available.
Each winning ticket is returned to the pool after being drawn, so in theory, one extremely lucky ticket holder could take home every prize.
However, what is the statistical probability (chance) of winning a single prize and what formulae/functions does one use to generate the answer?
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Nov 27, 2006
There is trading system which generates a winning trade per ONE stock in ONE months time with a probability of 5/12 (0,4166%). If the system trades 10 independent stocks the probability of any number of winning trades occurring out of all of them in ONE month is shown below:
None 0,0046
One 0,0326
Two 0,1047
Three 0,1995
Four 0,2494
Five 0,2172
Six 0,1272
Seven 0,0519
Eight 0,0139
Nine 0,0022
Ten 0,0002
I took these values from a book
I tried to reproduce these values in the spreadsheet that I attached. My table looks as follows:
0 0,0046
1 0,0033
2 0,0023
3 0,0017
4 0,0012
5 0,0008
6 0,0006..........
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Apr 21, 2009
Is there a way that Excel can automatically enter to next row once the typing has reach the end.
Example: I have 5 columns (A to E) and I am typing at column A. While typing, the text will go along to cell B, C, D and E. The problem is, if I don't manually go to next row and continue typing, the text will go to column F, G and so on. Is there a way where excel can automatically jump to next row if the text has reach column E?
Another problem is, say I have 3 rows full of text (column A to E). If I edit one of the row to exter some new texts, the whole sentence will go along to column F, G and so on. What I can do now is, re-edit all the rows to adjust them back.
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May 5, 2014
=NORM.DIST(-0.7525,0,1,FALSE)=0.30057
I want to do inverse 0.30057 To get -0.7525 ,NORM.INV(0.30057,0,1) This function returns only cumulative distribution .
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May 11, 2014
I'm trying to make a bell curve (normal gauss distribution). I have some problems regarding the probability density curve, since its values are so low. If you look column N in the attached file - I used the NORMDIST command. Values should be somewhere between 0,2 and 0,4 - but they're about 100x lower.
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Nov 10, 2013
Lets say I have 20 cells. I want to randomly assign a label to the each cell from 5 choices, like "Blue", "Orange", "White", "Green", and "Black". But I want to assign a probability of selecting the labels. So the percent probability of choosing Blue would be 56% and White would be 23%, etc. . . is there a function that allows me to do this?
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Dec 4, 2006
I need a probability distribution for amounts to be shipped taking into account both the probabilty distribution on parcel sizes (amounts to be shipped) per ship as well as the probabilities on the number of ships arriving.
Please see the following:
Say you have a probabilty distribution for ships arriving, i.e. the probabilty of 1 ship arriving in a specific time period= 0.25 ( event a), the probabilty of 2 ships arriving = 0.2 (event B) etc. Please take into account that this can go up to about 20 ships per time period.
Each ship can have one of four parcel sizes, (demand that needs to be met) (the following are just example probabilties)
0 tons with a probability of 0.67 event 1
1000 tons with a probabilty of 0.08 event 2
1500 tons with a probabilty of 0.222 event 3
2000 tons with a probabilty of 0.022 event 4
Thus event a has a probabilty of occuring, in event a, events 1to 4 can occur with their respective probabilties.
I assumed events 1 to 4 stay the same for all ships arriving (as we are dealing with multiple products, each product will have different parcel size distributions, however I look at products seperately, thus only one product is considered here)
This is simple for 1 or 2 ships, but as the number of ships increase the number of combinations become excessively large.
Should i use a macro that determines permutations/combinations? I am kind of clueless on this one.
If it helps to put the problem in context; I am trying to determine a demand distribution as input for a stochastic programming model
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Dec 11, 2013
I've put together a spreadsheet look at the time taken for a vehicle to get from one building to another when called. I've set up conditional formats where the timings turn orange after 5 minutes and red after 10 minutes taken. What I also have to show though is who is taking the vehicle and break it down to show any delays to patients. Is there a formula that will automatically tell me when there has been a delay to patients?? Be amazing if there is as it would save me uber amounts of time as i have to collate a whole years worth of data!
I've attached a small sample of what I've done to show you how the spreadsheet looks.
sample.xlsx
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Mar 24, 2009
I have a UPC list. Some are more than 12 digits, and some with less than 12 digits. I need to make sure there are 12 digits in each UPC. I know how to count using LEN, strip leading zeros of those UPCs that are >12 digits using RIGHT.
What I need now is any number with less than 12 digits, such as 000123, add a 4 to the beginning (4000123) and fill in '0's in between the 4 and the short UPC number to make 12 digits, 400000000123. They vary from 1 to 13 digits.
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Jan 14, 2006
function that add to any cell that doesn't reach the disired amount.
If the required number is 14 and a calculated cell comes up with 13 or less; I need a funtion to take that number and add a penalty number to it.
For example: For arguements sake the penalty is $150.00. Suppose cell 1A has 5 and cell 1B has 5; cell 1C adds them for a total of 10. I need cell 1D to realize that the number in 1C did not equate to atleast 14 and therfore 1D should show $150.00 and for every cell selected that falls short of 14 should add an additional $150.00 to 1D.
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Aug 27, 2007
Below is my data point for each month. The goal I need to hit is 99%. So I need to figure out what minimum monthly percentage I need for the rest of the year, I will need to reach a goal of 99%, and if I can't reach it, return an error. Lastly, i want to be able next month to go in and fill in the AUG percentage with an absolute number (i.e. 89%) and then I would like the rest of the percentages to automatically update by figuring out the new minimum monthly average given the new value for August. I thought that I might be able to do that if there is a function that says "If cell is a number, leave it alone, if it's a formula, then include that cell in the calculation of the minimum monthly average.
Jan 89%
Feb 88%
Mar 83%
Apr 89%
May 90%
Jun 86%
Jul 82%
Aug
Sep
Oct
Nov
Dec
Goal 99%
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Feb 10, 2009
Can anyone help, I'm trying to create some test data, eg 1000 rows in excel. In each cell a formula (?) returns some text such as Dog, Cat or Rabbit based on the probability Dog=0.5, Cat=0.3, Rabbit=0.2
I've come up with a messy solution of generating a random number between 1-100 and then using a lookup table where 1-50 = dog etc... it works but is long winded and difficult for other people to follow.
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Mar 8, 2007
1. I need to randomly generate either a 1, 6 or 12 every time I hit calculate (i.e. F9).
2. I want to specify the probablility of each result. For example, I want 12 to be the result 80% of the time, and 6 and 1 to be the result 10% of the time.
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Oct 28, 2005
I am looking for a Formula that can process the following:
The Sum Target Value is variable e.g.; 147
I have two columns of numerical values: Column A and Column B.
Column A Houses the Numerical Labels that I wish to have Returned when the
Sum Target Value is processed /reached - Subtract Sum Target Value as noted
below.
To Subtract Sum Target Value:
Start from LAST non-zero numerical value in Column B and Subtract one Cell
value at a time (or Sum up the Column) until the Sum Target Value or nearest
possible Sum BELOW, the Sum Target Value is reached. In this instance, it is
147. I wish to Sum the values in Column B to 147 per the above. The
summed values can be below BUT NOT over the Sum Target Value.
Return the Numerical Value that is Offset ONE Cell to the LEFT (Column A)
and ONE Row Above LAST value Subtracted (in Column B) to reach Sum Target
Value. The Result Numerical Label should come from Column A.
Col A Col B
2003
2051
2105
21511
22010
22515
23016
23510
24011
24529
25020
Reaching the Sum Target Value of 147 in Column B would go up to value 26,
Label 295 in Column A, totalling 131 which is below the Sum Target 147 but
including the value of 31 above it, would exceed the Sum Target Value of 147.
The required Result is returned from Column A Label 290 which is ONE Cell
to the LEFT (Column A) and ONE Row Above LAST value Subtracted (in Column
B).
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Dec 24, 2009
I have the following table:
http://img85.imageshack.us/i/tableb.jpg/
Each question is multiple choice (either A/B/C/D/E) and the values listed are the probability of each letter occurring. What formula would I need to put in the 'output' column for it in each row to output a letter based on the probabilities. E.g. in question 1, most of the time it would output E, but sometimes (rarely) A and very rarely B/C/D.
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May 20, 2006
Suddenly when I open a ExcelWorkbook Microsoft Visual Basic shows a messagebox stating: "Runtime faillure 9 Subscript out of reach" only the closebtn is enabled. After closing the box the workbook opens normally.
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Mar 22, 2014
I want to pay salespeople a bonus when they sell things at a higher Gross Profit. There is a minimum markup. I want to say for every additional point above the floor (F) well pay (B*C). There is also the actual attainment filed (A). For this example lets say the floor (F) is 22% and the actual attainment is 26%.
Illustrations:
.22 = 0(B*C)
.23 = 1(B*C)
.24 = 2(B*C)
A = .26
F= .22
What I want is:
if A >= F THEN for EACH POINT above the floor add 1*(B*C)
Its actually buried in a larger IF(AND function and I need to be able to drag the function down a long column and have it scale with volume sold. But its just this bit of logic I'm hung up on.
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Dec 28, 2006
Does anyone know if Mappoint 2006 has automation support? I know that 2004 does. I am wanting to use the automation from excel's VBA.
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Jan 10, 2014
Picture 2 rows and 4 columns.
The top row is just 0, 1, 2, 3
The bottom row is something like: 850, 790, 200, 250
Here's the problem: I want to find the midpoint of the data set in row 2, based on the values in row 1. So, the sum of the data in row 2 in this example is 2090, meaning the midpoint is 1045.
If we were traversing along the top row as a line, we'd find that midpoint somewhere in the 0.3 range... but how do we get that value?
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Aug 19, 2009
is there any way to use the right function to return any data to the right of the decimal point?
eg 117.22 would be .22
108.1225 would be .1225
102.358 would be .358 etc
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Aug 22, 2013
1.jpg2.jpg
I am trying to create a database for part stock but with only one entry point that is in image 1 you would select the machine and part from drop down lists and hit add. It would then lookup the corresponding machine and part and subtract 1 from the current stock database.
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Jul 11, 2009
Im using this code to run consecutive programs, which works really well, apart from one little glitch.
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Sep 18, 2009
See here:
http://www6.uniovi.es/~antonio/uned/...-754hex32.html
This site allows me to enter a 32-bit Hexadecimal Representation and get Decimal Floating-Point result.
For instance, 4224A012 gives me 41.2.
Is there a UDF available to do this inside of Excel?
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