What is BINOM.INV function in Excel?
The BINOM.INV function is one of the Statistical functions of Excel.
It Returns the smallest value for which the cumulative binomial distribution is
greater than or equal to a criterion value.
We can find this function in Statistical category of the insert function Tab.
How to use BINOM.INV function in excel
- Click on an empty cell (like F5).
2. Click on the fx icon (or press shift+F3).
3. In the insert function tab you will see all functions.
4. Select STATISTICAL category.
5. Select BINOM.INV function.
6. Then select ok.
7. In the function arguments Tab you will see BINOM.INV function.
8. Trials are the number of Bernoulli trials.
9. Probability _s is the probability of success on each trial, a number between 0 and 1 inclusive.
10. Alpha is the criterion value, a number between 0 and 1 inclusive.
11. You will see the results in the formula result section.
Examples of BINOM.INV function in Excel
BINOM.INV related functions
- Use BINOM.DIST function to return the individual term binomial distribution probability.
- Use BINOM.DIST.RANGE function to return the probability of a trial result using a binomial distribution.
