IDAX.QWALD - Inverse Wald distribution

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

Syntax

IDAX.QWALD(DOUBLE percentage, DOUBLE location, DOUBLE
shape)

Parameter descriptions

percentage
Mandatory.
The requested limit of the percentage.
If percentage is not in the range of 0 - 1, QWALD(percentage,location,shape) is null for all location values and shape values.
Min: 0.00000000001
Max: 0.99999999999
Data type: DOUBLE
location
Mandatory.
The mean of the distribution.
If location is 0 or less, QWALD(percentage,location,shape) is null for all percentage values.
Min: 0.00000000001
Data type: DOUBLE
shape
Mandatory.
The shape of the distribution.
If shape is 0 or less, QWALD(percentage,location,shape) is null for all percentage values.
Min: 0.00000000001
Data type: DOUBLE
If PWALD(x,location,shape)=perc, QWALD(perc,location,shape)=x for all x values, and for all positive location values and positive shape values.

Returned information

DOUBLE the point x, where PWALD(x,location,shape)=percentage.