Excel uses the function RAND() to return a random and uniformly distributed number between 0 and 1, every time the worksheet is calculated. If you are analyzing how fluctuations in sales will ...

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 ...

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

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." ...