How to use the GAMMA.INV function in Microsoft Excel

Excel is the spreadsheet application that has been distributed and written by Microsoft for Mac OS x and Windows. With the app, you can calculate, make graphs, tables, etc. This also features a macro programming language known as Visual Basic for Applications, or VBA. It is also one of the most widely used spreadsheet applications, since version 5 in the year 1993. The current versions of Excel are MS Office Excel 2010 f for Microsoft Windows and for Mac 2008. Since then, there are many interesting and useful features. that they come with the app

GAMMA INV Description of the function

GAMMA.INV The function returns the inverse of the gamma cumulative distributions. When p = GAMADIST(x…), then GAMMAINV(p…) =x.

You can use the function to study variables whose distribution may be skewed.

GAMMA.INV function syntax:

=GAMMAINV(probability, alpha, beta)

Where,

• Probability – is the probability linked to the gamma distribution

• Alpha – is a parameter for the distribution

• Beta – is a parameter for the distribution

When beta equals one, GAMMAINV returns to the standard gamma distribution.

Grades:

• When the argument is text, GAMMAINV returns #VALUE! error value

• When the probability is one, GAMMAINV returns to #NUM! error value

• If alpha ≤ zero or when beta ≤ zero, GAMMAINV returns to #NUM! error value

• Given the value of probability, GAMMAINV looks for the value x to be like GAMMADIST (x, alpha, beta, True) = probability. Therefore, the precisions of GAMMAINV vary from the precision of GRAMMADIST. The GAMMA.DIST.INV function uses iterative techniques. When the search has not converged after one hundred iterations, the function returns to #N/A. bug value.

How to use the GAMMA.INV function?

Excel is such a powerful tool that you can use to calculate statistical information using its functions. This can probably give you whatever statistical output you need. For example, to acquire an inverse function of the statistical distribution like this bound to gamma, and then you can use the GAMMAINV function in Excel.

Steps:

• Start by opening the MS Excel program, then start. Choose Program and choose Microsoft Office, then choose Excel.

• Find an Excel file that you like to use in the GAMMA.INV.DIST function. Choose File Options, then open the file menu, locate the Excel spreadsheet file you want to apply.

• Opt for a blank spreadsheet cell to put the GAMMAINV function. The cell should be conveniently located in the spreadsheet or when the spreadsheet has a large amount of data.

• Press the Insert function button at the top of the column header in the spreadsheet.

• Type GAMMAINV in the search function, click the GAMMAINV function to execute the function

• Enter the probability, alpha, and beta of the information given in the spreadsheet, when you do not understand the use of these inputs; you would need to read the details of the GAMMAINV function.

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