Classical probability theory assumes an equal likelihood for all outcomes. For example, if you were to flip a coin, there's an equal change of it landing on "heads" or "tails." Microsoft Excel offers ...

Probability calculations determine the chance of a specific event occurring. This calculation factors in the number of positive events with respect to the total number of possible results. When you ...

Microsoft Excel allows us to create Custom Excel Functions or User Defined Functions using VBA. We can create Custom Excel Functions with the functionality we want and they can be accessed in the ...

How to turn complex formulas into easy-to-use custom functions using LAMBDA() in Excel Your email has been sent LAMBDA functions are new to Microsoft Excel. With LAMBDA functions, you can turn a ...

While I'll always argue that SUM is my favorite and most-used Excel formula, there are plenty of other powerful functions included in the software. These features go far past using Excel as a digital ...