### Excel Statistics 57: Build Discrete Probability Distribution & Chart

Topics for Discrete Probability Distributions: 1.Define Random Variable 2.Build Frequency Distribution 3.Calculate Relative Frequency -P(x) f(x) 4.Check Requirement #1: Probability Greater Than Or Equal To Zero 5.Check Requirement #2: Sum of Probabilities Equal to One 6.Create a Column Chart for a Discrete Variable (Columns do not touch) 7.Link chart elements to cells 8.SUMIF function for adding probabilities 9.Make predictions Calculate Probabilities

Length:
27:05