Function Type: Compatibility
Description:
Returns the inverse of the cumulative distribution function for a specified beta distribution. In Excel 2007, this is a Statistical function.
Function Structure:
=BETAINV(probability, alpha, beta, [A], [B]).
Argument Breakdown:
probability – The probability of the Beta distribution, for which you want to find the value of x.
alpha – A parameter of the distribution.
beta – A parameter of the distribution.
A – An optional argument which gives the lower bound of the interval of x. If Omitted, [A] takes the default value 0.
B – An optional argument which gives the upper bound of the interval of x. If Omitted, [B] takes the default value 1.
Example:
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