Name

CRITBINOM

Synopsis

Use CRITBINOM to find the smallest value where the cumulative binomial distribution is greater than or equal to the value specified for the Alpha argument, which measures the probability of making a type 1 error in hypothesis testing. This function is typically used in quality assurance applications.

To Calculate

=CRITBINOM(Trials, Probability_S, Alpha)

All arguments are required for this function.

Trials

Specifies a numeric value that indicates the number of Bernoulli trials. If the value specified is not an integer, it is truncated by the function.

Probability_S

Specifies a decimal value between and 1 that indicates the probability of success for each trial.

Alpha

Specifies a decimal value between and 1 that indicates the criterion value.

Example

Figure 15-10 illustrates how CRITBINOM is used to find the minimum number of successes. For example, if these were tests on new products, the result would be the minimum number of successes allowed for each product.

Use CRITBINOM to determine the minimum number of successes allowed for the specified number of trials

Figure 15-10. Use CRITBINOM to determine the minimum number of successes allowed for the specified number of trials

Get Excel 2000 in a Nutshell now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.