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Excel 2013 Statistical Analysis #27: Adding Law of Probability for OR Events (12 Examples)
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Topics in this video:
1. (00:13) Discuss Handwritten notes for Adding Laws For Probability and cover the terms: Venn Diagram, Complement, Union, Intersection.
2. (08:25) Excel: Counting for AND Events use COUNTIFS with Two Criteria
3. (09:40) Excel: Counting for OR Events that are Mutually Exclusive use multiple COUNTIFS with One Condition/Criteria and simply add them. P(A OR B) = COUNTIFS(range,A)+COUNTIFS(range,B).
4. (11:23)Excel: Counting for OR Events that are NOT Mutually Exclusive use multiple COUNTIFS with One Condition/Criteria and simply add them, then subtract a COUNTIFS with AND Criteria. P(A OR B) = COUNTIFS(range,A)+COUNTIFS(range,B) – COUNTIFS(rangeA,A,rangeB,B).
5. (15:26) Compliment Rule
6. (16:30) Adding Probabilities from Frequency Distribution
7. (17:38) Adding Probabilities from Cross Tabulated Table with % of Grand Totals (Joint Probability Table)
8. (21:32) Frequency Distributions contain Mutually Exclusive categories. Examples of OR Events and Complement Events
9. (22:57) Adding events that are not Mutually Exclusive when you have just the Marginal and AND (Joint) probabilities. How to add when you don’t have original data set, a frequency distribution or a Cross Tabulated Table.
1. (00:13) Discuss Handwritten notes for Adding Laws For Probability and cover the terms: Venn Diagram, Complement, Union, Intersection.
2. (08:25) Excel: Counting for AND Events use COUNTIFS with Two Criteria
3. (09:40) Excel: Counting for OR Events that are Mutually Exclusive use multiple COUNTIFS with One Condition/Criteria and simply add them. P(A OR B) = COUNTIFS(range,A)+COUNTIFS(range,B).
4. (11:23)Excel: Counting for OR Events that are NOT Mutually Exclusive use multiple COUNTIFS with One Condition/Criteria and simply add them, then subtract a COUNTIFS with AND Criteria. P(A OR B) = COUNTIFS(range,A)+COUNTIFS(range,B) – COUNTIFS(rangeA,A,rangeB,B).
5. (15:26) Compliment Rule
6. (16:30) Adding Probabilities from Frequency Distribution
7. (17:38) Adding Probabilities from Cross Tabulated Table with % of Grand Totals (Joint Probability Table)
8. (21:32) Frequency Distributions contain Mutually Exclusive categories. Examples of OR Events and Complement Events
9. (22:57) Adding events that are not Mutually Exclusive when you have just the Marginal and AND (Joint) probabilities. How to add when you don’t have original data set, a frequency distribution or a Cross Tabulated Table.
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