
In this article
GAMMA.INV returns the value at a given gamma probability.
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Syntax
=GAMMA.INV(probability, alpha, beta)
| Argument | What it means |
|---|---|
probability |
0..1 |
alpha, beta |
Shape and scale |
Examples
Example 1
=ROUND(GAMMA.INV(A2,B2,C2),3)
Result: 6.713. See the worked example table below for more cases.
GAMMA.INV in practice
Where you will use it
- 95th-percentile claim size
- Service-level repair time
- Simulation
Worked example
| p | alpha | beta | Formula | Result |
|---|---|---|---|---|
| 0.5 | 2 | 4 | =ROUND(GAMMA.INV(A2,B2,C2),3) | 6.713 |
| 0.95 | 2 | 4 | =ROUND(GAMMA.INV(A3,B3,C3),3) | 18.975 |
| 0.9 | 3 | 5 | =ROUND(GAMMA.INV(A4,B4,C4),3) | 26.612 |
Results calculated in Excel.
Mistakes people make
| Mistake | What to do instead |
|---|---|
| p = 1 | #NUM! |
| Wrong scale | Check beta is the scale |
Related functions
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