NORMSINV(prob)
- prob is the probability value.
Description
- This function gives the inverse of the standard normal cumulative distribution.
- In normal distribution formula, when the mean is zero and the standard deviation is 1 then it is called Standard normal distribution.
- If , then .
- using the iterating method to find the value of x.
- Suppose the iteration has not converged after 100 searches, then the function gives the error result.
- In , where prob is the probability value of the standard normal cumulative distribution.
- This function will return the result as error when
1.prob is nonnumeric. 2.prob<0 or prob>1.
Examples
- NORMSINV(0.9999975333)=4.567600
- NORMSINV(0.00241)=-2.818823592
- NORMSINV(1)=Null
- NORMSINV(0.00001)=-4.264890794