Moreover, we have the mean and standard deviation of the share price. In this case, we have a dataset of share prices and their corresponding Normal Distribution value. It is saved in the compatibility functions list to allow compatibility with older Excel versions.Ģ Applications of NORMDIST Function in Excelįirst and foremost we will introduce the dataset that we will use for this article. In Excel 2010, the NORMDIST function is still available. ![]() The NORM.DIST function is more precise than the NORMDIST function. In Excel 2010, the NORMDIST function was replaced by the NORM.DIST function. Returns the normal distribution from the specified mean and standard deviation. Gives probability mass function if the value is FALSE Gives cumulative distribution function if the value is TRUE This Argument describes the standard deviation of the distributionīasically, it’s a logical value. It indicates the arithmetic average of the distribution The supplied value to calculate the distribution
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