I was wondering if anyone knows which function, if any, I can use to work out the following probability scenarios.
If I know the probability of, let's say, 8 independent events, ABCDEFGH (all different probabilities), is there a function I can use that can give me the probability of x number of these events occurring. The formula for all or none of these occurring is very simple but I am looking for a way that can give me the probability of 4 or 5 or 6 for example for occurring.
Here's an example incase I wasn't clear.
USA have a chance of a gold medal in 8 events, ABCDEFGH. The chances of them winning a gold medal in those events are A - 18%, B - 73%, C - 45%, D - 3%, E - 65%, F - 98%, G - 22%, H - 65%.
What are the chances they win 4 or more gold medals overall?
Realise this is more of a maths question and answering in a mathematical programme would likely be a lot simpler but I only have access to Excel.
Thanks for any help
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