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Marco1
Level IV

Can JMP show the probability of 1 result or range through a graph?

Hello everyone!!!, a question:
What graph in JMP can answer the probabilities of obtaining a value or range of response, for example like the following graph.

Marco1_0-1699317866245.png

Greetings,

Marco

 

57 REPLIES 57
jthi
Super User

Re: Can JMP show the probability of 1 result or range through a graph?

All the charts will have their own separate sliders. It will require some re-writing of the code, but I will take that into account when I rewrite the script (tomorrow most likely) to be closer to add-in level code which I would accept (I have my framework for writing scripts for JMP add-ins).

-Jarmo
jthi
Super User

Re: Can JMP show the probability of 1 result or range through a graph?

This code isn't good enough for me to turn it into an add-in (it would require at least one partial rewrite for me to consider it adequate), especially because I won't be updating it. If you wish to make it into an adding using Add-In Manager is the best option.

 

The script has been added as .zip file because it contains multiple files which must be in specific folders. After unpacking it

jthi_0-1699781259491.png

you should be able to open and run probability_calculator.jsl

jthi_1-1699781281860.png

jthi_2-1699781300545.png

 

-Jarmo
Marco1
Level IV

Re: Can JMP show the probability of 1 result or range through a graph?

Hello JTHI,

Excellent!!!, now it allows several columns and a nice presentation..... it deserves to be a JMP add-in......

Greetings,

Marco

hogi
Level XI

Re: Can JMP show the probability of 1 result or range through a graph?

you mean something like this?

 

 

 

 

Marco1
Level IV

Re: Can JMP show the probability of 1 result or range through a graph?

I'm sure I got lost, I can't repeat your example of 2 or more columns with the Certainty Formula.jmp table (table attached)

Marco1
Level IV

Re: Can JMP show the probability of 1 result or range through a graph?

I'm sure I got lost, I can't repeat your example of 2 or more columns with the Certainty Formula.jmp table (table & script attached)

hogi
Level XI

Re: Can JMP show the probability of 1 result or range through a graph?

It's just to check if this is the right way. Is this what you want?

Marco1
Level IV

Re: Can JMP show the probability of 1 result or range through a graph?

Yes, that is what I am referring to and that you can enter the minimum and maximum values in the graph to obtain certainty.

Marco1
Level IV

Re: Can JMP show the probability of 1 result or range through a graph?

Each filter in each column, for example the Cost column and the Total Sale column, could show its certainty in its own bar chart......, then the normal quantile chart and the value chart would no longer be necessary. bars located below the normal quantile graph, example:

 

Marco1_2-1699753572809.png

 

It should look like this:

Marco1_3-1699753739074.png

 

 

hogi
Level XI

Re: Can JMP show the probability of 1 result or range through a graph?

Interesting.
So the most simple version - just a set of graphs with their own results - no "intersection" of the selection. (?)

I wonder what's the application case ...

 

sounds like:

  • first graph: let's restrict the invest -
    In how many of the simulated cases did we spend between 5 and 500 $? -> 20%
  • second graph: In how many cases do we earn 5 Mio $ -> 20 %

-> analysis finished. Positive findings