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ProbDistValueAtRisk

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Function Description

Returns the value at risk for a given confidence level  for a probability distribution given by DistributionName and with parameter values given in ParamValues (with their order matching the parameter names listed by MnProbDistParamNames), i.e.:

 

 

Probability distributions currently recognised by the website may be listed using MnRecognisedProbDists.

 


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Output type / Parameter details

Output type: Double
Parameter NameVariable TypeDescription
DistributionNameStringName of distribution
alphaDoubleConfidence level
ParamValuesDouble()Array containing parameter values for distribution

Links to:

-          Interactively run function

-          Interactive instructions

-          Example calculation

-          Output type / Parameter details

-          Illustrative spreadsheet

-          Other Probability distribution analysis functions

-          Computation units used


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