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Formula help considering cost and success rate

  1. #1
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    Formula help considering cost and success rate

    The spreadsheet is pretty basic and self-explanatory, but for example the cost is 22 and success rate 50%. My formula for actual cost was just the (cost * % failure) + cost, or 150% of the cost = 33. That seems fine, but as it progresses and you get to an 80% chance of failure with cost of 36, that formula comes back with avg cost of 64.8, and that just doesn't seem correct at all.
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    Last edited by BeatBama; 03-03-2011 at 01:19 PM.

  2. #2
    Forum Expert ConneXionLost's Avatar
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    Re: Formula help considering cost and success rate

    How about:

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    Cheers,
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  3. #3
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    Re: Formula help considering cost and success rate

    Thank you! Now it's a little higher than I expected, but it definitely makes more sense.

    Cheers!

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