IDAX.QBETA - Inverse beta distribution

The QBETA function returns the value x of a variable that follows the beta distribution for which the probability of being smaller or equal to x is equal to the specified percentage.

Syntax

IDAX.QBETA(DOUBLE percentage, DOUBLE shape, DOUBLE
shapeTwo)

Parameter descriptions

percentage
Mandatory.
The requested limit of the percentage.
If percentage is not in the range of 0 - 1, QBETA(percentage,shapeOne,shapeTwo) is null for all shapeOne values and shapeTwo values.
Min: 0.00000000001
Max: 0.99999999999
Data type: DOUBLE
shapeOne
Mandatory.
The first shape of the distribution.
If shapeOne is 0 or less, QBETA(percentage,shapeOne,shapeTwo) is null for all percentage values.
Min: 0.00000000001
Data type: DOUBLE
shapeTwo
Mandatory.
The second shape of the distribution.
If shapeTwo is 0 or less, QBETA(percentage,shapeOne,shapeTwo) is null for all percentage values.
Min: 0.00000000001
Data type: DOUBLE

If PBETA(x,shapeOne,shapeTwo)=perc, QBETA(perc,shapeOne,shapeTwo)=x for x values in the range of 0 - 1, positive shapeOne values, and positive shapeTwo values.

Returned information

DOUBLE the point x, where PBETA(x,shapeOne,shapeTwo)=percentage.