Do some data entry

I have some work, in an Excel spreadsheet. Hello,

My project involves handicapping horse races.

I currently use an excel spreadsheet to organize my information.

There is one piece of information ithat needs to be analyzed and coverted to probabilities.

This is my performance points figure.

I have a series of performance figures, awarded to contestents for an event.

The number of contestents in each event varies from 4 to 20.

A typical set of inputs for the performence figures might be:


The spread between points varies from one contest to the next.

The higher the figure, the more likely the contestent will be the winner.

On average, the contender ranked highest wins at a rate of about 38% (see insert).

Category Win Second Third

A HORSE 37% 27% 23%

B HORSE 28% 27% 21%

C HORSE 6% 10% 15%

D HORSE 7% 11% 14%

E HORSE 11% 11% 10%

I want a Monte Carlo Sim integrated into my worksheet to help me accurately define probabilities for each contender, by analyzing the performance figures.

My current method for estimating each contenders probability is to simply divide the individual figure by the total sum of points awarded. Obviously not very accurate.

I would appreciate any ideas you might have.

This is a project about solving a question of probabilities.

I have multiple possible outcomes and need to define their probability.

This is why I think a Monte Carlo Simulation would work well.

Habilidades: Administración de bases de datos, Diseño gráfico, MySQL, PHP, Diseño de sitios web

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Información del empleador:
( 0 comentarios ) United States

Nº del proyecto: #10462567

12 freelancers están ofertando el promedio de $158 para este trabajo


Hello Sir, We checked your data entry requirement for your horse races work and we have also experienced of like this work. Please start more discussion and start the work asap. Thanks

$250 USD en 5 días
(421 comentarios)

hi i am interested in your project.i understand what you want.i have another idea to give you accurate point to get awarded with high accuracy. i will apply some machine learning algorithm on data and predict your wi Más

$172 USD en 2 días
(5 comentarios)

I understand the probability distribution concepts and can help you with a small script, programmed where the inputs come from your end and you can get the estimated probabilities with logical reasoning and formulas, I Más

$250 USD en 3 días
(2 comentarios)

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$30 USD en 0 días
(11 comentarios)

hey i'll surely complete all your mentioned tasks within the given time if you can share the details right now i'll start working on it, I have 5 year experience in website development. I have worked in different tec Más

$155 USD en 3 días
(2 comentarios)
$155 USD en 3 días
(0 comentarios)

Hello there. I want to make this proyect for you, your proyect is incredible and I want to make it! I'm at your orders Regards Luis Rosales

$150 USD en 4 días
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$30 USD en 1 día
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A proposal has not yet been provided

$155 USD en 3 días
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Hi, I am a Statistician/Data Analyst with more than 10 years experience working on advanced analytical projects. I have completed several machine learning horse racing projects, an example of a recent one is an excel Más

$170 USD en 3 días
(0 comentarios)

I've a Masters Degree in Mathematical Finance from Columbia University and have a lot of experience in monte carlo simulation. I think the Monte carlo simulation will not work for your case, because you don't know the Más

$222 USD en 2 días
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