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 How to Calculate Exceedance Probability?

Answer Exceedance probability is the probability that a certain value is going to be exceeded. For example, if you have data regarding the average cost of bread over a 10-year-span, exceedance probability... Read More »
http://www.ehow.co.uk/how_5365868_calculate-exceedance-probability.html


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Help with Probability?

I get 0.90909090909090909090909090909091p = 1 - ((4/12)*(3/11)) = 0.90909090909090909090909090909091Explanation:The P of getting the *same* color 2X is represented:P = ((4/12)*(3/11)) = 0.090909090... Read More »
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