Non-Uniform Bernoulli Trials Exceedance Probability 1.0

Date Added: May 01, 2013 | Visits: 329

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Calculates the probability of exceeding a given number of hits for a collection of Bernoulli trials, which is a test with a binary result (e.g. yes/no, 1/0, heads/tails). User inputs a vector of probabilities of success for each trial, p, and a number of successes, h, and this function outputs the probability of equaling or exceeding h.Example:There is a 30% chance of rain Saturday, and 20% Sunday. What is theprobability that it rains this weekend?monte_exceedance([.3; .2],1)ans = 0.4431Which is reasonably close to the theoretical value of .44. Increasing the number of runs improves the accuracy:monte_exceedance([.3; .2],1,100000)ans = 0.4407

Requirements: No special requirements

Platforms: Matlab

Keyword: Chance, Monte Exceedance, Rains, Saturday, Sunday, Weekend

Users rating: 0/10

License: Shareware

Size: 10 KB

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