Discover what a log-normal distribution is, its financial applications, and how to calculate it, including using Excel for ...

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 ...

The frequency distribution is shown in a column chart. Note, you can choose a line chart, bar graph or XY Scatter chart, if those suit your data presentation better.

How to Use It If you wanted to know how many standard deviations encompass 15.8% (13.6% + 2.1% + .1%) of the distribution, you could look at the graph and see it is a -1 standard deviation. Why is ...

Pivot tables are now functional in all current versions of Excel, whether you paid for the software or use Microsoft Office/365 for free. Step 1: Prepare your data Perhaps the most important step ...

In the rapidly evolving world of data analysis, AI tools like Microsoft Copilot, ChatGPT, and Zebra AI are transforming the way you work with Excel. These ...