Download Excel File: https:\/\/excelisfun.net\/files\/Ch04-ESA.xlsm<\/a>
\nLearn about the Multiplication Law of Probability to calculate AND Logical Test Probabilities. Learn how to build a probability tree too.
\nTopics:
\n1. (00:00) Introduction
\n2. (00:17) Look back at Conditional Formatting Probability Rule and how it related to the Multiplication Law of Probability
\n3. (01:27) Multiplication Law of Probability for Dependent and Independent Events
\n4. (02:52) Define Independent Events
\n5. (03:38) Rule of Independence
\n6. (05:21) Use Multiplication Rule to calculate Probability that two stocks with both go up
\n7. (05:58) Use Multiplication Rule to calculate Probability that you can pull two Queen Cards in Succession
\n8. (06:51) Use Multiplication Rule to calculate Probability that you can make sales, back to back, in two sales call
\n9. (07:35) Create Probability Tree on Paper
\n10. (09:28) Create Probability Tree in Excel
\n11. (10:12) Heart Attack and Smoking Probability Tree Example
\n12. (10:42) Summary of video
\n13. (11:08) Closing and Video Links<\/p>\n","protected":false},"excerpt":{"rendered":"

Download Excel File: https:\/\/excelisfun.net\/files\/Ch04-ESA.xlsm Learn about the Multiplication Law of Probability to calculate AND Logical Test Probabilities. Learn how to build a probability tree too. Topics: 1. (00:00) Introduction 2. (00:17) Look back at Conditional Formatting Probability Rule and how it<\/p>\n","protected":false},"author":3,"featured_media":3454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[101,21],"tags":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/bonbonsguide.com\/wp\/wp-content\/uploads\/2022\/02\/DR4VUOCxX58.jpg?fit=480%2C360&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7QB1z-TH","_links":{"self":[{"href":"https:\/\/bonbonsguide.com\/wp\/wp-json\/wp\/v2\/posts\/3453"}],"collection":[{"href":"https:\/\/bonbonsguide.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bonbonsguide.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bonbonsguide.com\/wp\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/bonbonsguide.com\/wp\/wp-json\/wp\/v2\/comments?post=3453"}],"version-history":[{"count":0,"href":"https:\/\/bonbonsguide.com\/wp\/wp-json\/wp\/v2\/posts\/3453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bonbonsguide.com\/wp\/wp-json\/wp\/v2\/media\/3454"}],"wp:attachment":[{"href":"https:\/\/bonbonsguide.com\/wp\/wp-json\/wp\/v2\/media?parent=3453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bonbonsguide.com\/wp\/wp-json\/wp\/v2\/categories?post=3453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bonbonsguide.com\/wp\/wp-json\/wp\/v2\/tags?post=3453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}