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Joint Probability Tables: How To Create & Use Them (Not Just For Statisticians!) EMT 1818

Download Excel File: https://excelisfun.net/files/EMT1818.xlsx
Learn about how to create a joint probability table from a cross tabulated frequency distribution, then five tricks for calculating probabilities. Everyone should know this – not just staticticians.
Topics:
1. (00:00) Introduction
2. (00:04) Calculate Joint Probability Table from Cross Tabulated Counts with Excel Formulas.
3. (02:55)Makes probability calculations from a Joint Probability Table.
4. (03:14) Single Conditional Probability
5. (03:27) AND Logical Test Probability (Joint)
6. (03:49) OR Logical Test Probability (Mutually Exclusive)
7. (04:20) OR Logical Test Probability (NOT Mutually Exclusive)
8. (05:02) Conditional Probability
9. (05:40) Closing, Video Links

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Further Help

I offer limited consulting services to potentially assist you with data challenges, whether it's designing a complex Excel formula, writing a macro or building a whole new process for data capture, modeling and analysis.  Contact me if you have a need.