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Analytical Probability Distributions with Excel
Frey, Sherwood C. Jr.; Clyman, Dana R.; Oksman, Warren Technical Note QA-0679 / Published February 3, 2006 / 19 pages. Collection: Darden School of Business
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Product Overview

This note introduces four common underlying processes and the analytical probability distribution used to forecast the outcomes of each. The note also illustrates how to use Excel functions to calculate probabilities from the four resulting probability distributions: the binomial, normal, Poisson, and exponential.




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  • Overview

    This note introduces four common underlying processes and the analytical probability distribution used to forecast the outcomes of each. The note also illustrates how to use Excel functions to calculate probabilities from the four resulting probability distributions: the binomial, normal, Poisson, and exponential.

  • Learning Objectives