Excel utility in the Microsoft Office suite is one of the most popular tools today for office professionals, especially accountants. You can quickly compute practical results based on the functions supported in Excel.
BETADIST Function and Examples
Guide on using the BETADIST function in Excel - Illustrated Examples
Syntax
Where:
- x represents the value between 2 values A and B.
- alpha is the parameter of the distribution.
- beta is the parameter of the distribution.
- A is the lower bound of the x-range (default = 0).
- B is the upper bound of the x-range (default = 1).
Consider the following example
- Input real values corresponding to the parameters of the BETADIST function into Excel.
- Input the formula to calculate the cumulative beta probability density function in cell C11. The result obtained is
So now you know how to use the BETADIST function in Excel to calculate the cumulative beta probability density function. When using this function for calculations, pay attention to the values of the parameters to ensure accurate results.