BetaDensity() returns the probability of the Beta distribution.
Syntax:
BetaDensity(value, alpha, beta)
Return data type: number
| Argument | Description |
|---|---|
| value | The value at which you want to evaluate the distribution. The value must be between 0 and 1. |
| alpha | A positive number defining the first shape parameter. It is the exponent of the random variable |
| beta | A positive number defining the second shape parameter. It states the number of denominator degrees of freedom. |