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This is where my Knowledge Stats < Knowledge Excel! (I inherited a
spreadsheet using Poisson.) In the poisson calculation I have Probability = POISSON(x,m,TRUE) where x is the number of spares and m is the 'demand'. Ideally I would reverse this calculation inputing the required probability and obtain x (the spares level required). What you show is Probability =CHIDIST(X,degrees_freedom)= CHIDIST(2*m,2*(x+1) or Probability =1- GAMMADIST(X,alpha,beta,cumulative)=1-GAMMADIST(m,x+1,1,TRUE). When I turn to CHIINV(probability,degrees_freedom) or GAMMAINV(probability,alpha,beta) I still see the degrees of freedom or Alpha parameters as inputs when they contain the x number of spares. This leaves me confused ... .... But fortunately in the examples.xls sheet I see the crit_poisson(B70,D70) calculation which fortunately seems to match my original calculations! So I will probably use this! Thanks Steve |
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