What is the Z.TEST Function? The Z.TEST Function is categorized under Excel Statistical functions. It will calculate the one-tailed P-value of a Z-test. As a financial analyst, the Z.TEST function is useful for various analyses. For example, we can decide if we should invest in a particular stock when it provides a specific average daily…
Excel Weibull Distribution The WEIBULL.DIST Function is categorized under Excel Statistical functions. It will return the Weibull distribution for a supplied set of parameters. This guide to the Excel Weibull distribution will show you how to use it step-by-step. As a financial analyst, the function is useful in reliability analysis. For example, we can use…
Negative Binomial Distribution Formula The NEGBINOM.DIST Function is categorized under Excel Statistical functions. It will calculate the negative binomial distribution probability. It determines the probability mass function or the cumulative distribution function for a negative binomial distribution. For example, using the function, we can find out the probability that when a coin is tossed, we…
Inverse Lognormal Distribution Excel The LOGNORM.INV Function is categorized under Excel Statistical functions. It will calculate the inverse lognormal distribution in Excel at a given value of x. We can use the function to analyze data that’s been logarithmically transformed. LOGNORMAL distribution is often used in financial analysis to help make investment decisions. It is…
What is the CHISQ.DIST.RT Function? The CHISQ.DIST.RT Function is categorized under Excel Statistical functions. It will calculate the right-tailed probability of a chi-square distribution. We use this function to compare observed and expected values. So, the χ2 distribution is associated with an χ2 test. In financial analysis, the function can be used to find out…
What is the CHISQ.INV Function? The CHISQ.INV Function is categorized under Excel Statistical functions. It will calculate the inverse of the left-tailed probability of the chi-square distribution. In financial analysis, this function can be useful in finding out the variations in assumptions made. For example, consider a precision machine that produces balls for a high-quality…
What is the CHISQ.INV.RT Function? The CHISQ.INV.RT Function is categorized under Excel Statistical functions. It will calculate the inverse of the right-tailed probability of a chi-square distribution. We use this function to compare observed and expected values. In financial analysis, the CHISQ.INV.RT function can be used to find out and compare observed and expected values….
What is the CHISQ.TEST Function? The CHISQ.TEST function is categorized under Excel statistical functions. It will calculate the chi-square distribution of two provided datasets, specifically, the observed and expected frequencies. The function helps us understand whether the differences between the two sets is simply due to sampling error, or not. In financial analysis, CHISQ.TEST can…
Chi Square Test Excel Function The CHISQ.DIST Function is categorized under Excel Statistical functions. It will return the chi-square distribution. The distribution is commonly used for studying the variations in percentage across samples. This guide will break down the Chi Square Test Excel function in detail. In financial analysis, this function can be useful in finding out…
What is Theta? Theta is a sensitivity measurement used in assessing derivatives. It is one of the measures denoted by a Greek letter. The series of risk and sensitivity measurements denoted by Greek letters are aptly named the Greeks. Theta measures the value of a derivative in relation to the time left before the expiration…
