When using Excel's EXPON.DIST function, one should choose TRUE for the third input if
A)a probability is desired
B)a cumulative probability is desired
C)the expected value is desired
D)the correct answer is desired

Question

Quizplus · Accepted Answer

The EXPON.DIST function calculates the exponential distribution, which is a probability distribution used to describe the time between events that occur independently of one another at a constant rate. The third input of the function specifies whether the result should be a cumulative probability or a probability density. Choosing TRUE for this input calculates the cumulative probability. Therefore, the best choice is B, a cumulative probability is desired.

When Using Excel's EXPON