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Using Excel is a great way to ... You can use the RAND() function to establish probability and create a random variable with normal distribution. Use the formula "=NORMINV(RAND(),B2,C2)", where ...
You enter Excel actual values corresponding to the parameters of function BETADIST. - Enter the formula for calculating the probability density distribution in the cell accumulation Beta C11. We get ...
In practice, graphing calculators or statistical software packages are required to calculate a probability density function. The probability density function measures continuous variables.
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