The probability for a range of numbers

Let's say you have 24 people who are tossing a penny into a can. Each toss has a straight 15% chance of success. How do I figure out what percentage chance for each number, from 0 to 24, has of being the total number of successful throws on average?

Basically I'd like to see that there's a 2% chance that 0 throws are successful (made up number!), a 5.5% chance (made up number!!) that 4 throws are successful, down to a 0.0001% chance (made up number!!!) that all 24 throws are successful. And is there a way to mathematically 'phrase' that in such a way as to say "the likelihood is that between 3 and 5 throws are successful, on average"?

Any help would be appreciated. I'm not particularly proficient with math, so any other ways to consider this data would also be interesting! :)

Thanks for your help.

Re: The probability for a range of numbers

Quote:

Originally Posted by

**TheMegaSage** Let's say you have 24 people who are tossing a penny into a can. Each toss has a straight 15% chance of success. How do I figure out what percentage chance for each number, from 0 to 24, has of being the total number of successful throws on average?

Re: The probability for a range of numbers

This is called binomial probability and there's a straight-forward formula for this. If the probability of a successful toss is 'p,' then the probability of having 'k' successful tosses out of 'n' attempts is:

where means the combinations of N things taken k at a time, and is equal to:

To use your example: if p=15%, the chance of getting 0 out of 24 tosses in the can is (approximately). The chance of getting 5 is . And the chance of getting all 24 in is , or about 1 in 600 quintillion!

Re: The probability for a range of numbers

That is fantastic! Thank you both so much.

Here's the formula in Excel:

=COMBIN(24,A1)*(0.15)^A1*(0.85)^(24-A1)

Where A1 = 0, B1 = A1+1, and so on.

And just to close off this fun little exercise, here are the results from 0 to 24. :)

0 2.02327174731858000000%

1 8.56915092981985000000%

2 17.39033571051670000000%

3 22.50514033125700000000%

4 20.85035060101750000000%

5 14.71789454189470000000%

6 8.22470577341175000000%

7 3.73221942659020000000%

8 1.39958228497133000000%

9 0.43908463842237700000%

10 0.11622828664121700000%

11 0.02610474887128950000%

12 0.00499061375480534000%

13 0.00081295065689136800%

14 0.00011272004906476900%

15 0.00001326118224291410%

16 0.00000131636735499515%

17 0.00000010931770422105%

18 0.00000000750219538772%

19 0.00000000041807899993%

20 0.00000000001844466176%

21 0.00000000000061998863%

22 0.00000000000001491951%

23 0.00000000000000022894%

24 0.00000000000000000168%