I've made a good start on the calculations. I have inputted formulae to calculate both 2 or 3 events occurring from a total of 3,4 & 5 events.
I am noticing a few issues though.
Firstly, as the number of total events is increasing my total probability calculated strays away from 1. For...
Thank you very much! This helps greatly.
I now understand how to calculate how many values will be required per calculation.
Also, the binary system will definitely make it easier.
I do intent to manually produce a 1024 row table. My current calculations used ~600 (which explains why my...
Ah okay, that makes sense.
You are correct in that 5 things may or may not happen.
I am looking to calculate that 2 or more occur. In my mind, the probability of Event 1 (A) and Event 2 (B) occurring is independent of the results of 3/4/5 (C,D,E).
However this raises an interesting point, 2 or...
I did not include this. I don't really understand what this calculation entails.
It is suggesting to me that the probability of both 1&2 occurring is dependent on P3,P4 & P5. Is that a correct assumption?
All events calculated are independent of each other.
I have been working on producing an excel spreadsheet to automatically calculate probability values for multiple independent events occurring.
Hopefully I find assistance in confirmation that the results acquired are correct - or at least on the right lines.
I do not come from a...