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Calculate ratings probility

  1. #1
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    Calculate ratings probility

    Hello All
    On the attached worksheet i have groups of data sorted by date,horse place & time.In col W a rating value is given for each horse.To convert these ratings into probility/odds i have done the following
    A.In col x calced the sum of the ratings for each group
    B.In col y divided each rating by the total for the group.eg in row 2 horse 1 has a 22% probility of winning.
    C.In col z divided 1 by each value in col y to convert the value to odds.
    Its longwinded, so is it possible to combine these calcs into a single formula to produce the result in col z.
    In col w ratings with a blank or 0 are ignored.Values are to 2 dec places
    I have also separated the data with empty rows for clarity,there are no empty rows in the data.
    Many thanks for help given.
    Attached Files Attached Files
    Last edited by bigband1; 01-17-2014 at 06:33 AM.

  2. #2
    Forum Moderator - RIP Richard Buttrey's Avatar
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    Re: Calculate ratings probility

    Hi,

    One way

    Formula: copy to clipboard
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    Richard Buttrey

    RIP - d. 06/10/2022

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  3. #3
    Forum Guru benishiryo's Avatar
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    Re: Calculate ratings probility

    hi there. so in short, you want Column X:Z combined into 1? maybe:
    =IF(W2>0,1/(W2/SUMIFS(W:W,E:E,E2,A:A,A2)),"")

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