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  1. #1
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    probabilities of combinations



    Hi,

    I'm thinking if you can help me think of a better way to solve this.
    Here's the situation

    I have probabilities of the number of bags I can sell in a day

    2 - 30 %
    3 - 28%
    4 - 20%
    5 - 16%
    6 - 6%

    Now, I want to know the probability of selling, for example, 8 bags after 3 days.
    What I did so far is this,

    I get all the permutations of 3 numbers out of {2, 3, 4, 5, 6}, where the sum is 8, so I have the following with their respective probabilities

    2,2,4 = .30*.30*.20 = .018
    2,3,3 = .30*.28*.28 = .02352
    2,4,2 = .30*.20*.30 = .018
    3,2,3 = .28*.30*.28 = .02352
    3,3,2 = .28*.28*.30 = .02352
    4,2,2 = .20*.30*.30 = .018

    thus, the probability of selling 8 bags after 3 days is .018+.02352+.018+.02352+.02352+.018 = .12456

    My problem is, I need to get all the possible number of bags sold in 3 days with their probabilities of occurring. Is there a way that I can compute for that easily? The true situation is working with more than 5 possible number of bags in a day.

  2. #2
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    Re: probabilities of combinations

    I dont think there is an elegant way to solve this, like I understand you are looking for, primarily since this is a random discrete distribution. One way in which I can think you could solve this easier is to compute the probability of selling LESS than 8 bags in more than 5 days, and substitute that from 1. There are much less cases in this scenario.

  3. #3
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    Re: probabilities of combinations

    Can someone help me think on how I can use generating functions on this one? THanks

  4. #4
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    Re: probabilities of combinations


    A quick thought. This is an example of the multinomial theorem in action. You need to expand

    (a+b+c+d+e)^3, where a,b,c,d,e are the probabilities listed. Each term of the expansion will correspond to the probability of each combination of 3 probabilities.

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