How To: Work with probabilities in Microsoft Office Excel

Work with probabilities in Microsoft Office Excel

If you use Microsoft Excel on a regular basis, odds are you work with numbers. Put those numbers to work. Statistical analysis allows you to find patterns, trends and probabilities within your data. In this MS Excel tutorial from everyone's favorite Excel guru, YouTube's ExcelsFun, the 50th installment in his "Excel Statistics" series of free video lessons, you'll learn the basics of probability:

1. Probability
2. Experiment & Experimental Outcomes
3. Sample Point (Experimental Outcome)
4. Sample Space
5. Multi-step Experiment
6. Tree Diagram
7. Counting Rule for Multi-step Experiment
8. Combinations
9. Permutations
10. Methods of Assigning Probabilities
11. Classical Method
12. Relative Frequency Method & Law of Large Numbers
13. Subjective Method
14. Requirements for Assigning Probabilities
15. Event
16. Probability of an Event
17. P(S) =1
18. Calculating Probability for Classical Method

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