Probability of 6 independent events in excel -
i want calculate probability of 6 independent events in excel. know general formula howver cumbersome implement in excel.
is there better way?
the equation in question suggests asking probability of one or more of events happening. same asking probability of "not none of them" happening. in excel, can calculate using following formula:
=1-product(1-a1,1-a2,1-a3,1-a4,1-a5,1-a6)
(here assuming probability of events given in cells a1:a6
.)
however, if instead asking probability of all of events happening, it's product of individual probabilities:
=product(a1,a2,a3,a4,a5,a6)
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