Statistical Library

Bernoulli Distribution in Google Sheets

Binary outcomes: win or lose, ship or slip, pass or fail.

Interactive Sandbox

10,000 simulations running live in your browser.

Base Value 100
00.30.50.81
P10 Worst Case 1
P50 Median 1
P90 Best Case 1

When to use it

The Bernoulli distribution models a single binary trial: success (1) with probability p, failure (0) with probability 1-p. It's the atom of risk modeling — every coin flip, deal close, launch go/no-go, or system pass/fail is a Bernoulli trial. Chain them together in a Monte Carlo model to simulate the probability of hitting N successes out of M trials, or to weight scenarios by their likelihood of occurring.

  • Deal close probability in sales pipeline simulations
  • Go/No-Go decision weighting in project risk models
  • Product launch success/failure scenario modeling
  • Binary event triggers in compound risk models

How to build it

Native Sheets Formula

=IF(RAND() < p, 1, 0)

Using native RAND() requires you to copy this formula 10,000 times manually, which severely lags the browser.

The MonteSheet Way

MonteSheet uses a local browser engine to run 100,000 iterations in 4 seconds without writing a single formula.