If you have a number of different scenarios percent chance of happening and want to see a deeper dive into how they all can occur, this calculator may be of use to you.
With our tool, you can see the following:
When you are calculating the probability of something happening, you only take into account its variables. When you are calculating the probability of three different events occurring, you now made the equation much more complex.
If you wonder how we find the probability of all three events occurring, you are in the right spot. First, you divide the percentages of the events happening by 100 to get them in their proper form. Then, you multiply them all together. The result will then be multiplied by 100 and that is the percent chance they all occur.
Here is an example. Event 1 has a 50% chance of occurring, event 2 has a 40% chance, and event 3 has a 15% chance. The math involved is: (50 / 100) * (40 / 100) * (15 / 100), as a result you get .03. You multiply it by 100 to get a 3% chance of all three occurring.
Wondering how we calculated the percent chance that none of the three events happen? Here is how we did it. First, you divide the percentages of the events happening by 100 to get them in their proper form. Then, you do 1 - % for each event, then multiply the results together. The result will then be multiplied by 100 and that is the percent chance that none of them occur.
Here is an example. Event 1 has a 50% chance of occurring, event 2 has a 40% chance, and event 3 has a 15% chance. The math involved is: (1 - (50 / 100)) * (1 - (40 / 100)) * (1 - (15 / 100)), as a result you get .255. You multiply it by 100 to get a 25.5% chance of all three not happening.
This is a very simple and easy to use calculator. The steps include:
A 2 percent chance means that out of 100 times a cycle runs, only 2 times will that outcome occur. It is very unlikely, or rare, to happen if it only has a 2 percent chance.
There are many scenarios where an event can be 100% sure to happen. With this calculator, you can have each of the resulting categories display 100% chances of happening if you enter a 100% chance for each event.
No, the probability of something happening can only be as low as 0%, no less.
Create Date: July 22, 2024
Last Modified Date: July 22, 2024