Using Excel is a great way to perform ... since all random outcomes follow uniform distribution, while sales results usually follow a normal distribution. Normal, or Gaussian, distribution ...

Excel is stocked with functions that allow for several model-type equations, such as standard deviation and normal distribution. Find the right function or functions for your model, and Excel can ...

NORMSINV is an Excel function used along with normal ... In the old days, you used tables of the standard normal distribution ...

Note that log-normal distributions are positively skewed with long right tails due to low mean values and high variances in the random variables. Lognormal Distribution in Excel Lognormal ...

He contributes to Excel and Algorithmic Trading ... Value at Risk (VaR) is a measurement showing a normal distribution of past losses. The measurement is often applied to an investment portfolio ...