Here is how you would use a Standard Normal table to get your answer. First, find 0.727 in the table, or as close as you can. Then read across to the Z value on the left (0.60) and up to the top ...

2] To create a bell curve in excel, we need three values, average, standard deviation, and normal distribution. Let’s calculate the average of the data first. For this, enter the following ...

In Excel, syntax for this function is NORMINV(probability,mean,standard deviation). Using the sales example, with a weekly sales average of $2,000 that fluctuates about $500 up or down, you know ...

For example, if you want to show a frequency distribution for every 10 units you would need to define that for Excel. The Frequency function refers to this limit as the "Bin Array." ...

A normal distribution is a probability distribution of outcomes that are symmetrical or form a bell curve. In a normal distribution, 68% of the results fall within one standard deviation, and 95% ...

Normal distribution cannot be used to model stock prices because it has a negative side, and stock prices cannot fall below zero. Another similar use of the lognormal distribution is with the ...