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Probability

Hello,

I have the following distribution with a mean of 0,027.

Based on this distribution, is there a way to find out what is the probability of a number to be more than or equal to 0,000269? Is there also a way to simulate how many times in a row can the number be less than 0,000269?

Thank you!

Analytics

Re: Probability

You can use the Normal Distribution() function to get the probability answer you asked and you can use the Random Normal() function to generate a random sample which you can then count up the number of values in a row result you want.

Re: Probability

Thank you for your answer, but I am not sure where to find the normal distribution function.

Re: Probability

If you open the Formula editor in the Column header you find different options:

Re: Probability

I found this probability calculator and entered the mean and standard deviation of my distribution. Then I entered the value I want to observe and it gives a 50,89% probability of a number greater than that of occurring. Is that correct?

I have also tried using the method you have suggested.

However, something does not seem right to me (I think I am not doing it right).
Does that mean that there is a 50,01% probability of a number less than 0,00269 to occur?

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