This utility calculates summary values for Beta distributions for specified values for alpha and beta parameters.

For this analysis, two estimates were calculated. The first is for a distribution with alpha = 22.99 and beta = 3.44, and the second for a distribution with alpha = 7.39 and beta = 3.13. These values correspond to the parameters estimated in the parameter estimation example. Input values and results are summarised below.

Alpha value | Beta value | 2.5% percentile | 25% percentile | Median | 75% percentile | 97.5% percentile | Mean | Mode | Standard deviation |
---|---|---|---|---|---|---|---|---|---|

22.99 | 3.44 | 0.7207 | 0.832 | 0.8792 | 0.9176 | 0.9668 | 0.8698 | 0.9001 | 0.0642 |

7.39 | 3.13 | 0.41 | 0.6144 | 0.7157 | 0.804 | 0.9228 | 0.7025 | 0.75 | 0.1347 |

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