Beta Distribution. Random Numbers Generator and Statistics Set.

Beta Distribution. Random Numbers Generator and Statistics Set

Random Numbers Generator and Statistics Set (Set 2) provides 12 random numbers generators that allow you to generate histogram from the probability distribution given the parameters you have specified. You also have the option to output random numbers from the distribution on the spreadsheet.

Back to: Microsoft Excel Ž Add-ins | Microsoft Excel Ž Templates | Software Categories | Search all Software

Beta Distribution Back to: Random Numbers Generator and Statistics Set (Set 2)

The Beta distribution can be used in the absence of data. Possible applications are estimate the proportion of defective items in a shipment or time to complete a task. The Beta distribution has two shape parameters, a1 and a2. When the two parameters are equal, the distribution is symmetrical. For example, when both a1 and a2 are equal to one, the distribution becomes uniform. If a1 is less than a2, the distribution is skewed to the left. And if a1 is greater than a2, the distribution is skewed to the right.

Back to: Random Numbers Generator and Statistics Set (Set 2)

Free Choice of Complete Excel Training Course OR OzGrid Add-ins Collection on ALL purchases totaling over $70.00. ALL purchases totaling over $150.00 gets you BOTH! Purchases MUST be made via this site.

Software Categories Search Software

Excel Add-ins || Excel Training || Excel Templates || Employee Scheduling Software || Excel Password Recovery and Access & Word etc|| Excel Recovery and Access & Word etc || Financial Software || Financial Calculators || Conversion Software || Construction Estimating Software || Drilling Software || Real Estate Investment Software || Time Management Software || Database Software || Neural Network Software || Trading Software || Charting Software || Windows & Internet Software || Barcodes Fonts, ActiveX, Labels and DLL's || Code Printing Software || Outlook Add-ins

MOST POPULAR! Excel to HTML

Microsoft Ž and Microsoft Excel Ž are registered trademarks of Microsoft Corporation. OzGrid is in no way associated with Microsoft.
Contact Us