Question: help me understand step by step in excel Step 5: Calculate Cumulative Probabilities Add another column for Cumulative Probability. Calculate the cumulative probability by adding

help me understand step by step in excel Step 5: Calculate Cumulative Probabilities Add another column for "Cumulative Probability." Calculate the cumulative probability by adding the current probability to the sum of all previous probabilities. For example, if the probabilities are 0.16, 0.28, 0.32, 0.16, and 0.08, the cumulative probabilities will be 0.16, 0.44, 0.76, 0.92, and 1.00, respectively

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!