Calculate the probability of each number in 3 columns

bilbon

Board Regular
Joined
Dec 19, 2011
Messages
83
Hi,

Is there anyone who can help me figure out the probability of each number on the different A-B-C so that it will be like the answer to the right.
Preferably with VBA.


Match%%%Probability % AProbability % BProbability % CNumber of RightProbability % AProbability % BProbability % C
1142561612514130,060,000,00
292629262120,600,000,00
3493021493021112,860,000,00
4502723502723108,260,010,00
5692011692011916,010,070,00
6483022483022821,930,390,04
7483022483022721,801,660,26
8492823492823615,875,241,29
956251956251958,4212,254,70
1028294343292843,2020,9512,39
1164221464221430,8425,5423,12
1267191467191420,1421,0228,93
1319305151301910,0110,4821,79
00,002,397,47
100%100%100%
This is the correct answer

<colgroup><col span="5"><col span="3"><col><col><col span="3"></colgroup><tbody>
</tbody>
 
I believe that shg's algorithm reverses the order, Pr(k) should be Pr(13-k)
Don't think so, Eric. The probability of getting all 13 correct is the product of the probabilities, which is the 0.0564% shown at the bottom of my col K. No?

I'm a bit confused as to what the percentages represent though.
I would interpret it to mean, "If I bet on the most/mid/least likely outcome for each game, what's the probability of winning 0 to 13 of my bets?"
 
Upvote 0

Excel Facts

How to change case of text in Excel?
Use =UPPER() for upper case, =LOWER() for lower case, and =PROPER() for proper case. PROPER won't capitalize second c in Mccartney
Oops, sorry about the order. I now notice your numbers run from 0 to 13 down the column, whereas mine ran in the opposite order. So our results match.

Still confused about the percentages though. There's a stat often used in American football. Say team A plays teams B though N. Based on various criteria, someone predicts that A has a 75% chance of beating B, 66% chance of beating C, etc. Even though A might be favored in every game, the odds of winning every game are quite low, and this is a way of predicting the most likely number of wins for the season. Nevertheless, why 3 percentages for each game? Unless there are 3 sources providing estimates per game. And if that's the case, then sorting by high to low wouldn't make a lot of sense since the estimates would be based on different criteria/algorithms.
 
Upvote 0
My random assumption is that it represents 13 games on a given weekend, and each row is the probability or win/lose/draw for the home team.
 
Upvote 0
Hi shg and Eric


Thanks for your suggestions which I will test both tomorrow.


The reason that I sort the odds from left to right is to get all the highest numbers in a column and then the second-highest in a column, and the smallest in a column.
But with your knowledge, you may not need any sorting but you could calculate it from
original located at the left and at the top of this thread.


We have a game where you have to predict the outcome of 13 matches and where we get odds on every game such as Leicester-Manchester C 7,95-5.15-1,38 these I count on to the percentage which becomes 12-19-69, and so on which 12 matches and these are the numbers I would figure out said nnolikheten for how many right things get on those 13 matches.
 
Upvote 0
Hi, shg and Eric


I will benefit from both proposals and they work very very well.
Many thanks to you that you took the time to help me.


/Bilbon
 
Upvote 0
Hi shg


Would there be much change in your code to get 13 at the top and 0 at the bottom?

/Bilbon
 
Upvote 0
Hi, bilbon, Eric and shg </SPAN>

</SPAN>I am interested if any one cloud explains when % A, % B and % C is define that says which team is strong to bet on it (A B or C) then why does require the Probability % A Probability % B Probability % C. I really cannot follow up please need your help</SPAN></SPAN>

Thank you
</SPAN></SPAN>

Regards,
</SPAN></SPAN>
Kishan
</SPAN></SPAN></SPAN></SPAN>
 
Upvote 0
Hi Kishan


I make an attempt to explain a little.
The game is to predict 1, X or 2 (winner, tie, away win) in 13 football matches,
I use it, among other things, to make a theoretical assessment of how the pros (those who set the odds) assess the weekly round.
Then there are many ways to limit the number of rows (totaling 1 594 323 rows) by setting filters to remove rows that you don't want to include in their system using these % numbers.
Just your own imagination that sets the limit.

/Bilbon
 
Upvote 0

Forum statistics

Threads
1,214,971
Messages
6,122,520
Members
449,088
Latest member
RandomExceller01

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top