Statistical - BETA.INV Function



Description

The BETA.INV function returns the inverse of the beta cumulative probability density function (BETA.DIST). If probability = BETA.DIST(x ...TRUE), then BETA.INV (probability...) = x.

The beta distribution can be used in project planning to model probable completion times given an expected completion time and variability.

Syntax

BETA.INV (probability,alpha,beta,[A],[B])

Arguments

Argument Description Required/ Optional
Probability A probability associated with the beta distribution. Required
Alpha A parameter of the distribution. Required
Beta A parameter of the distribution. Required
A A lower bound to the interval of x. Optional
B An upper bound to the interval of x. Optional

Notes

  • If you omit values for A and B, BETA.INV uses the standard cumulative beta distribution, so that A = 0 and B = 1

  • If any argument is nonnumeric, BETA.INV returns the #VALUE! error value.

  • If alpha ≤ 0 or beta ≤ 0, BETA.INV returns the #NUM! error value.

  • If probability ≤ 0 or probability > 1, BETA.INV returns the #NUM! error value.

  • If A and B are equal, BETA.INV returns the #NUM! error value.

  • Given a value for probability, BETA.INV seeks that value x such that

    BETA.DIST(x, alpha, beta, TRUE, A, B) = probability

Thus, precision of BETA.INV depends on precision of BETA.DIST.

Applicability

Excel 2010, Excel 2013, Excel 2016

Example

BetaINV Function
advanced_excel_statistical_functions.htm
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