How to use NEGBINOMDIST function in Excel

Summary This tutorial will walk you through the process of using the NEGBINOMDIST function in Excel. This function returns the negative binomial distribution, a common probability distribution in statistics that's useful for data analysts and finance professionals aiming to refine their Excel skills.

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Step 1: Understanding the NEGBINOMDIST Function

To begin, you must comprehend what the NEGBINOMDIST function does. This function returns the negative binomial distribution. The syntax is: NEGBINOMDIST(number_f,number_s,probability_s).

• number_f: The number of failures.
• number_s: The threshold number of successes.
• probability_s: The probability of a success.

You can get more details from the Microsoft Office documentation.

Step 2: Open Excel and Input Your Data

Start by opening a new Excel workbook and input your data into three separate cells. For example, number_f could go in cell A1, number_s in cell B1, and probability_s in cell C1.

Step 3: Apply the NEGBINOMDIST Function

Select a new cell where you want the result to appear, for instance, cell D1. Type =NEGBINOMDIST(A1, B1, C1) and press Enter.

Step 4: Interpret the Result

Excel will calculate the NEGBINOMDIST function and display the result in cell D1. This value represents the negative binomial distribution for the given values, which can be interpreted within the context of your specific statistical analysis.

Step 5: Adjust and Experiment as Needed

Feel free to adjust the input values or extend the use of the function to other data in your workbook. With the NEGBINOMDIST function, you can perform detailed statistical analyses, particularly useful in fields like finance and data analytics.

For a complete understanding of Excel's statistical functions, consider this LinkedIn Learning Course.

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