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…
What is a Non-Deliverable Swap (NDS)? A non-deliverable swap (NDS) is an exchange of different currencies, between a major currency and a minor currency, which is restricted. With most swaps, currency flows physically change. With an NDS, it is not the case because the currencies are not convertible. The two currencies that are involved in…
What is a No Dealing Desk? A no dealing desk is a system that allows for instant forex trades on the interbank market. Brokers that use the system work with several liquidity providers. It enables them to access the best bid and ask prices directly. Investors are given rates that can be executed immediately. Orders…
What is a Non-Equity Option? A non-equity option is an option with an underlying asset that is something other than common stock. In most cases, non-equity options include indexes and commodities as underlying assets. It’s really a broad term to define a variety of options, provided the option doesn’t involve common stocks. Non-equity options usually…
What is the ISERROR Excel Function? The ISERROR Excel Function is categorized under Information functions. The function will return TRUE if the given value is an error and FALSE if it is not. It works on errors – #N/A, #VALUE!, #REF!, #DIV/0!, #NUM!, #NAME? or #NULL. ISERROR is used in combination with the IF function…
