Quiz on Excel EXPONDIST Function



1. What does the EXPONDIST function in Excel calculate?
2. What are the required arguments for the EXPONDIST function?
3. If 'cumulative' argument is set to TRUE in EXPONDIST, what does it return?
4. In the context of the EXPONDIST function, what does 'lambda' represent?
5. What would be the result of EXPONDIST(1, 2, TRUE)?

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