Beta inv
BETAINV Function¶
The BETAINV function in Excel returns the inverse of the beta cumulative probability density function for a
specified probability. In simpler terms, it computes the value x such that
BETADIST(x, alpha, beta, lower_bound, upper_bound) equals the given probability.
This function is useful in statistical and probability analyses, especially when modeling data that follows a beta distribution.
Key Features of BETAINV:¶
- Requires input of probability for which you want to find the corresponding value.
- Allows flexibility in defining the boundaries (
lower_boundandupper_bound) of the beta distribution.
Syntax:¶
- probability: The probability corresponding to the beta distribution. Must be between
0and1. - alpha: A positive parameter of the distribution that shapes the curve.
- beta: A positive parameter of the distribution that shapes the curve.
- [lower_bound] (optional): The minimum value of the interval of
x. Defaults to0if omitted. - [upper_bound] (optional): The maximum value of the interval of
x. Defaults to1if omitted.
Examples:¶
-
=BETAINV(0.5, 2, 5)
Calculates the value ofxfor the beta distribution withalpha = 2andbeta = 5, assuming the interval[0, 1]by default.
Result:0.392857. -
=BETAINV(0.8, 3, 4, 0, 10)
Computes the value ofxfor the beta distribution withalpha = 3,beta = 4, and interval[0, 10].
Result:6.532. -
=BETAINV(0.25, 1, 1, -5, 5)
Calculates the value ofxfor a uniform beta distribution (alpha = beta = 1) with interval[-5, 5].
Result:-2.5.
Notes:¶
- If any of the arguments
alpha ≤ 0,beta ≤ 0, orprobabilityis not between0and1, the function returns an error (#NUM!or#VALUE!). - The function is closely related to the
BETADISTfunction but works inversely. - When
lower_boundandupper_boundare omitted, the beta distribution is applied to the standard range[0, 1].
Tip: Use
BETAINVwhen performing reverse beta distribution calculations, particularly for solving statistical problems involving probability thresholds.