Andresleo47
Board Regular
- Joined
- Oct 29, 2008
- Messages
- 132
Hi Guys, this is kind of a Statistics question, but I need to verify it with Excel using the What If Analysis:
There are 4 different yellow fruits and 12 different green fruits in a fruit basket, where each yellow fruit has a 10% probability of being drawn and each green fruit has a 5% probability of being drawn, find the expected number of times to draw all 16 different fruits and explain the calculation process (each draw is relatively independent)
Here's my answer:
But I'm not sure how to get to this result using the What-If Analysis. Any input is appreciated.
There are 4 different yellow fruits and 12 different green fruits in a fruit basket, where each yellow fruit has a 10% probability of being drawn and each green fruit has a 5% probability of being drawn, find the expected number of times to draw all 16 different fruits and explain the calculation process (each draw is relatively independent)
Here's my answer:
Count | Fruit | Probability | Value*Probabilty |
1 | Yellow | 0.1 | 0.1 |
2 | Yellow | 0.1 | 0.2 |
3 | Yellow | 0.1 | 0.3 |
4 | Yellow | 0.1 | 0.4 |
5 | Green | 0.05 | 0.25 |
6 | Green | 0.05 | 0.3 |
7 | Green | 0.05 | 0.35 |
8 | Green | 0.05 | 0.4 |
9 | Green | 0.05 | 0.45 |
10 | Green | 0.05 | 0.5 |
11 | Green | 0.05 | 0.55 |
12 | Green | 0.05 | 0.6 |
13 | Green | 0.05 | 0.65 |
14 | Green | 0.05 | 0.7 |
15 | Green | 0.05 | 0.75 |
16 | Green | 0.05 | 0.8 |
Expected | 7.3 |
But I'm not sure how to get to this result using the What-If Analysis. Any input is appreciated.