Excel statistical functions

How to Use the BETAINV Function in Excel

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How to Use the BETAINV Function in Excel

The BETAINV function in Excel returns the inverse of the cumulative beta probability density function. It is commonly used in statistics, probability analysis, finance, and risk modeling when you need to determine a value associated with a given probability. What Is the BETAINV Function? BETAINV calculates the value x such that the cumulative beta distribution

BETADIST Function in Excel Explained (With Examples)

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BETADIST Function in Excel Explained (With Examples)

The BETADIST function in Excel is used to calculate the cumulative beta probability density function. It is commonly applied in statistics, finance, and project management to model probabilities for values limited to a fixed range, such as percentages or ratios. Although BETADIST has been replaced by BETA.DIST in newer versions of Excel, it is still