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Obtaining Probability Percentage, using historic form

  1. #1
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    Obtaining Probability Percentage, using historic form

    Hi There,

    I'm trying to obtain a percentage likelihood of a driver qualifying in a certain position, based on an average of their previous qualifying positions.

    As you'll see from the attached, I'm currently using the POISSON.DIST to obtain the percentage likelihood, however I don't believe it's giving me the correct percentage. The lower down the positions are, the percentage likelihood drops.

    Has anyone used a successful formula to obtain this result?

    Many Thanks,
    Attached Files Attached Files

  2. #2
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    Re: Obtaining Probability Percentage, using historic form

    Why are you using a poison distribution? If there are 20 drivers the poison distribution will return some values > 20 so you will never sum a row to 100%
    Driver 29 cumulatively only sums to 71% as there are values above 20, and 0!

    You could just work out the actual % , in AP2
    =COUNTIFS($B2:$AG2,AP$1,$B$1:$AG$1,"Quali")/COUNTIFS($B2:$AG2,"<>",$B$1:$AG$1,"Quali")

    Although your sample is small, and some people will say qualify 2nd and 5th but never 3rd or 4th. And intuitively there would be a chance of this happening.

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