I need to Calculate the probability of get 20000 or more with the following statistics;
Statistics: Forecast values
Trials 5,000
Base Case 0.00
Mean 14,755.75
Median 10,993.67
Mode ---
Standard Deviation 10,519.67
Variance 110,663,505.00
Skewness 1.45
Kurtosis 4.40
Coeff. of Variability 0.7129
Minimum 888.61
Maximum 53,829.77
Range Width 52,941.17
Mean Std. Error 148.77
I think it's 19.17% but I need to know how to get it with a Formula, also if it's not too much I need to create a 95% Confidence for the true probability to exceed 20000.
Thank You!
Statistics: Forecast values
Trials 5,000
Base Case 0.00
Mean 14,755.75
Median 10,993.67
Mode ---
Standard Deviation 10,519.67
Variance 110,663,505.00
Skewness 1.45
Kurtosis 4.40
Coeff. of Variability 0.7129
Minimum 888.61
Maximum 53,829.77
Range Width 52,941.17
Mean Std. Error 148.77
I think it's 19.17% but I need to know how to get it with a Formula, also if it's not too much I need to create a 95% Confidence for the true probability to exceed 20000.
Thank You!
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