A recent Delaware Chancery Court opinion offers a significant example of how courts may apply complex probability analysis to determine the amount of damages in an earnout dispute. The case arose from ...
Conditional probability occurs when it is given that something has happened. (Hint: look for the word “given” in the question. The probability that a tennis player wins the first set of a match is ...
A straight ranking result is easy using one of Microsoft Excel’s ranking functions. Calculating a conditional rank is even easier if you let an Excel PivotTable do all the work. Image: ...
The probability that a tennis player wins the first set of a match is \(\frac{3}{5}\). If she wins the first set, the probability that she wins the second set is \(\frac{9}{10}\). If she loses the ...
How to calculate conditional running totals in an Excel revenue sheet Your email has been sent Adding a running total to a simple Microsoft Excel revenue sheet isn't difficult, but adding a ...
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Variability orderings indicate that one probability distribution is more spread out or dispersed than another. Here variability orderings are considered that are preserved under conditioning on a ...