Excel Statistical Analysis 35: Exponential Probability Distribution & EXPON.DIST function

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Learn about calculating probabilities from the Exponential Probability Distribution and the EXPON.DIST function.
Topics:
1. (00:00) Introduction
2. (00:26) Notes about Exponential Probability Distribution
3. (03:17) Dick’s Hamburgers example with math formula and EXPON.DIST function
4. (07:15) Disneyland Ride wait time example with math formula and EXPON.DIST function
5. (11:06) Summary of video
6. (11:25) Closing and Video Links
  1. excelisfun
  2. Statistical Analysis
  3. Excel Statistics
  4. Highline College
  5. Business Statistical Analysis
  6. Busn 210
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Комментарии
Автор

Boom!Really Great Class To Finish This Section, Looking Forward To The Central Limit Therom Classes...Thank You Mike :)

darrylmorgan
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Great video as usual. At 5:24 you mean 10 seconds. Thanks for your explanation at the beginning. It helps a lot.

clalgbarros
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Loving this series Mike! Great video, thanks!

chrism
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You should do something for Pareto and Price's law. They go hand in hand, and used for anything from gold medalist gymnasts to productivity.

hhattingh
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Did you think about K- means classification in excel ?

vacilando
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Hello Mike Iv'e got a issue Iv'e been trying to solve for a week now, hope you can help.
I have a table which looks like this
Date Reading E Day Kw/h Price
28/03/2018 45890 12.24
28/03/2019 51725 12.24
28/05/2019 52698 13.55
21/11/2019 55022 13.55
28/03/2020 57612 13.55

How would I take the SUM of the differences between each Meter reading based on two Dates in a drop down list.
For example say I have *From Drop Down List as 28/03/2018 & To Drop Down List as 21/11/2019*
That should give me the 4 records which lie between these 2 dates, but also the SUM of the difference between each of them.
So in this case it needs to give a value of 4484. Each of these difference then need to be multiplied by the corresponding Kwh Rate.

Is this possible to do? Hope you can help
Thanks in advance.

qasmb