Key Points NORMSINV is an Excel function used along with normal distributions. It allows you to conduct calculations faster ...

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 ...

How to Make a Frequency Distribution Graph in Excel for Mac 2011. You can use the Frequency function within Excel in Microsoft Office 2011 for the Macintosh platform to calculate the frequency of ...

Probability density function is a statistical expression defining the likelihood of a series of outcomes for a continuous variable, such as a stock or ETF return.

A probability distribution, usually displayed graphically, shows the relative likelihood of all possible outcomes occurring within a specific time period.