Question: Use the NORM.INV() function in Excel to generate 500 random numbers following a standard normal distribution (mean = 0, standard deviation = 1). Calculate the
Use the NORM.INV() function in Excel to generate 500 random numbers following a standard normal distribution (mean = 0, standard deviation = 1). Calculate the percentage of numbers that fall within one standard deviation of the mean.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
