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Classical probability theory assumes an equal likelihood ... Rolling two dice has 36 outcomes, which you can calculate in Excel by entering "=6*6" without quotes, because you have two dice ...
In Microsoft Excel, using a scatter chart allows you to plot the data points against the probability of achieving each observed data point. How to Calculate Y-Intercept in Excel. The y-intercept ...
Calculate the VaR for various confidence intervals. In Excel, this can be achieved by using the NORM.INV function. This function requires the probability of an event occurring, mean, and standard ...