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#1
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![]() This may be really simple, but here is my situation, and what I am trying to accomplish: I'm trying to create a chart that will show the probability of landing a certain amount of business due to several events (let's call the events "New Product," "Bid Work," and "Hotels"). For example, I would like the chart to show a 70% probability of the "New Product" event creating $1 million of new business, and possibly an 80% of the "Hotels" event creating $1.1 million, and a 75% of the "Bid Work" event creating $4 million. This could be done either via three separate charts, or one cumulative chart. What is the easiest way to accomplish this? I can provide more info if needed. Thanks! -- SMCourbs ------------------------------------------------------------------------ SMCourbs's Profile: http://www.excelforum.com/member.php...o&userid=36772 View this thread: http://www.excelforum.com/showthread...hreadid=564864 |
#2
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Use one line chart chart where the series is Events, X-axis is amount of
business and the Y-Axis is the probability. Let me know if you need additional help. "SMCourbs" wrote: This may be really simple, but here is my situation, and what I am trying to accomplish: I'm trying to create a chart that will show the probability of landing a certain amount of business due to several events (let's call the events "New Product," "Bid Work," and "Hotels"). For example, I would like the chart to show a 70% probability of the "New Product" event creating $1 million of new business, and possibly an 80% of the "Hotels" event creating $1.1 million, and a 75% of the "Bid Work" event creating $4 million. This could be done either via three separate charts, or one cumulative chart. What is the easiest way to accomplish this? I can provide more info if needed. Thanks! -- SMCourbs ------------------------------------------------------------------------ SMCourbs's Profile: http://www.excelforum.com/member.php...o&userid=36772 View this thread: http://www.excelforum.com/showthread...hreadid=564864 |
#3
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![]() Thanks for the reply. I have entered the following in my sheet: A2, 3, and 4 have the events : "HOTEL", "BID" and "NEW PRODUCT". B2, 3, and 4 have the amount of business in dollars: $4 million, $1.1 million, and $1.2 million C2, 3, and 4 have the probabilities: 70%, 80%, and 75% Which line graph should I be using? I was trying to show the info in a bar graph initially. Should I have the info entered differently? Thanks for any specifics. -- SMCourbs ------------------------------------------------------------------------ SMCourbs's Profile: http://www.excelforum.com/member.php...o&userid=36772 View this thread: http://www.excelforum.com/showthread...hreadid=564864 |
#4
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I was of the impression that you had more data to plot, like Hotel has a 70%
chance to make 4 million and a 30% chance to make 6 million. If this is the case, use a line chart. If it's just the 3 points you have here a it would be tough to find a way to plot it that makes sense to read. Let me know if my assumption was correct and we can go from there. "SMCourbs" wrote: Thanks for the reply. I have entered the following in my sheet: A2, 3, and 4 have the events : "HOTEL", "BID" and "NEW PRODUCT". B2, 3, and 4 have the amount of business in dollars: $4 million, $1.1 million, and $1.2 million C2, 3, and 4 have the probabilities: 70%, 80%, and 75% Which line graph should I be using? I was trying to show the info in a bar graph initially. Should I have the info entered differently? Thanks for any specifics. -- SMCourbs ------------------------------------------------------------------------ SMCourbs's Profile: http://www.excelforum.com/member.php...o&userid=36772 View this thread: http://www.excelforum.com/showthread...hreadid=564864 |
#5
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![]() Your assumption is correct. However, I need to replicate a bar chart using these probabilities. For example, each event would have one bar. That bar would consist of three shaded areas, each one reflecting a certain amount of sales that would correspond to a % of probability. One bar might be a total possibility of $4 million in sales, with a 25% chance of the $4 million, 50% chance at $2 million, and a 75% chance at $1 million. Is there any way to do this? -- SMCourbs ------------------------------------------------------------------------ SMCourbs's Profile: http://www.excelforum.com/member.php...o&userid=36772 View this thread: http://www.excelforum.com/showthread...hreadid=564864 |
#6
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Can't you calculate your sales for each probability level, so some
subtraction, and produce a stacked bar or column chart? - Jon ------- Jon Peltier, Microsoft Excel MVP Tutorials and Custom Solutions http://PeltierTech.com _______ "SMCourbs" wrote in message ... Your assumption is correct. However, I need to replicate a bar chart using these probabilities. For example, each event would have one bar. That bar would consist of three shaded areas, each one reflecting a certain amount of sales that would correspond to a % of probability. One bar might be a total possibility of $4 million in sales, with a 25% chance of the $4 million, 50% chance at $2 million, and a 75% chance at $1 million. Is there any way to do this? -- SMCourbs ------------------------------------------------------------------------ SMCourbs's Profile: http://www.excelforum.com/member.php...o&userid=36772 View this thread: http://www.excelforum.com/showthread...hreadid=564864 |
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