BETAINV (percentiles of the beta distribution)

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BETAINV (percentiles of the beta distribution)

Note: BETAINV is supplemented by the new identical function BETA.INV, which is available in newer versions of Microsoft Excel (2010 or later).

Syntax:

BETAINV(Probability, Alpha, Beta [, A, B])

Description:

Returns the inverse of the beta distribution function (i.e., percentiles of this distribution).

Probability is the probability to be evaluated. Must be > 0 and ≤ 1.

Alpha and Beta are shape parameters of the function. They both have to be greater than zero.

A and B (optional) are the lower and upper bound to the interval. If they are omitted, A is set to 0 and B is set to 1 (thus leading to a normal distribution).

Note:

The result of this function is calculated using an iterative search technique. If PlanMaker does not find a result after 100 iterations that deviates less than ±3x10^-7 from Probability, it displays the error value #N/A and aborts the approximation.

See also:

BETA.INV, BETA.DIST/BETADIST