Description
Returns the inverse cumulative distribution function or quantile function of a distribution evaluated at a specified value. Via mean and standard deviation.
Syntax
=MM_InvCDF_MS("DistName", X, Mean, [StdDev], [Param3])
"DistName"
String. Name of the desired distribution.X
The value at which the inverse cumulative distribution function is evaluated.Mean
Mean of the desired distribution.StdDev (optional/required depending on the distribution)
Standard deviation of the desired distribution.Param3 (optional/required depending on the distribution)
Third parameter of the distribution.
Remarks
To check all supported distributions, see MM_DISTRIBUTIONSLIST function.
Use MM_InvCDF function to evaluate the inverse cumulative distribution function via distribution parameters.
Use MM_InvCDF_TRUNC to evaluate the inverse cumulative distribution function of a truncated distribution (with distribution parameters).
Use MM_InvCDF_MS_TRUNC to evaluate the inverse cumulative distribution function of a truncated distribution (with mean and standard deviation).See MM_CDF for cumulative distribution function.
Example 1: Normal distribution
Formula1: =MM_InvCDF_MS("Normal",0.95,100,20)
Evaluates at 0.95 the inverse cumulative distribution function of a Normal distribution with a mean and standard deviation equal to 100 and 20, respectively. Returns approximately 132,90.
Formula2: =MM_InvCDF_MS("Normal",0.95,100,20,42)
Evaluates at 0.95 the inverse cumulative distribution function of a Normal distribution with a mean and standard deviation equal to 100 and 20, respectively. Returns approximately 132.90. As this probability distribution has only two degrees of freedom, the Param3 parameter is ignored.
Example 2: Gamma distribution
Formula3: =MM_InvCDF_MS("Gamma",0.75,4,2)
Evaluates, at x equal to 75%, the inverse cumulative distribution function of a Gamma distribution with mean and standard deviation equal to 4 and 2, respectively. Returns approximately 5.11.