How to use labels for options in a togglegroup?

Suppose I have the following toggle:

toggles = pn.widgets.ToggleGroup(
    options=[stats.invgauss, stats.beta],

However, I want to replace the name shown on the button in the panel with alternative text. Can I define a string of labels?

The reason is that currently my toggles look like this:

Would it work with a dictionary instead of s list?