NORMSINV (percentiles of the standard distribution)

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NORMSINV (percentiles of the standard distribution)

Note: NORMSINV is supplemented by the new identical function NORM.S.INV, which is available in newer versions of Microsoft Excel (2010 or later).

Syntax:

NORMSINV(Probability)

Description:

This returns the inverse of the standard normal cumulative distribution function NORMSDIST.

Probability is the given probability from the distribution. The values must be within the range 0 to 1.

Note:

The result of this function is calculated using an iteration method. If, after 100 iterations, PlanMaker does not find a result that deviates less than ±3x10^-7 from Probability, it displays the error value #N/A and cancels the approximation.

See also:

NORM.S.INV, NORM.INV/NORMINV, NORM.DIST/NORMDIST, NORM.S.DIST/NORMSDIST