Use Excels functions (not @RISK) to generate 1000 random numbers from a normal distribution with mean 100

Question:

Use Excel’s functions (not @RISK) to generate 1000 random numbers from a normal distribution with mean 100 and standard deviation 10. Then freeze these random numbers.

a. Calculate the mean and standard deviation of these random numbers. Are they approximately what you would expect?

b. What fraction of these random numbers are within k standard deviations of the mean? Answer for k = 1; for k = 2; for k = 3. Are the answers close to what they should be (about 68% for k = 1, about 95% for k = 2, and over 99% for k = 3)?

c. Create a histogram of the random numbers using about 10 bins of your choice. Does this histogram have approximately the shape you would expect?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...