GAMMA.INV

The GAMMA.INV function in Google Sheets returns the value of the inverse gamma cumulative distribution function for the specified probability and alpha and beta parameters. It is a statistical function that can be used in various applications.

Function Syntax and Parameters

Syntax: GAMMA.INV(probability, alpha, beta)

Parameters:

• probability: The probability at which to evaluate the inverse gamma cumulative distribution function.
• alpha: The shape parameter of the gamma distribution.
• beta: The scale parameter of the gamma distribution.

Step-by-Step Tutorial

1. Using GAMMA.INV with specific parameters:
   • Example: =GAMMA.INV(0.5, 2, 3)
   • Result: Returns the value of the inverse gamma cumulative distribution function with a probability of 0.5, alpha of 2, and beta of 3.

Use Cases and Scenarios

1. Quality Control: Calculate the inverse gamma distribution for a certain probability and parameters.
2. Risk Analysis: Determine the critical value of a given probability using the inverse gamma distribution.
3. Financial Modeling: Evaluate the uncertainty in investment returns using the inverse gamma distribution.

Related Functions

• GAMMA.DIST: Calculate the gamma distribution probability density function.
• GAMMA: Calculate the gamma function.

Related Articles

• Understanding Statistical Functions in Google Sheets
• Advanced Topics in Statistical Analysis with Google Sheets