CONFIDENCE.NORM Function
What is the CONFIDENCE.NORM Function? The CONFIDENCE.NORM Function is categorized underExcel Statistical functions. It will use the normal distribution to calculate and return the confidence interval for a population mean. The confidence interval is the range that a population parameter is likely to fall into for a given probability. In financial analysis, the CONFIDENCE.NORM function...
CONFIDENCE Function
What is the Excel Confidence Interval Function? The CONFIDENCE Function is categorized under Excel Statistical functions. It will use the normal distribution to calculate and return the confidence interval for a population mean. The confidence interval Excel formula can be extremely useful for financial analysis. As a financial analyst, =CONFIDENCE() is helpful in predicting and...
SLOPE Function
What is the SLOPE Function? The SLOPE Function is categorized under Excel Statistical functions. It will return the slope of the linear regression line through the data points in known_y’s and known_x’s. In financial analysis, the SLOPE function can be used to calculate the beta of a stock. Slope / Beta Formula =SLOPE(known_y’s, known_x’s) The...
F.DIST Function
What is the F Distribution Function? The F.DIST Function is categorized under Excel Statistical functions. It will calculate the probability density function or the Cumulative Distribution Function for the F Distribution. It measures the degree of diversity between two data sets. For example, if we wish to find out the variability in the IQ scores...
F.INV Function
What is the F.INV (Inverse F Distribution) Function? The F.INV Function is categorized under Excel Statistical functions. It will calculate the inverse of the Cumulative F Distribution for a supplied probability. As a financial analyst, the function is useful in understanding the variability of two data sets. One example is when we wish to analyze...
F.TEST Function
What is the F.TEST Probability Function? The F.TEST Function is categorized under Excel Statistical functions. It will return the result of an F-test for two given arrays or ranges. The function will return the two-tailed probability that the variances in the two supplied arrays are not significantly different. As a financial analyst, the function is...
NORM.S.INV Function
Inverse Normal Cumulative Distribution The NORM.S.INV Function is categorized under Excel Statistical functions. It will calculate the inverse normal cumulative distribution for a given probability value. Introduced in MS Excel 2010, the NORM.S.INV function is an updated version of the NORMSINV function. As a financial analyst, the NORM.S.INV is useful in stock market analysis. We...
NORM.S.DIST Function
How to Calculate Standard Normal Distribution The NORM.S.DIST Function is categorized under Excel Statistical functions. It will calculate the Standard Normal Distribution function for a given value. The NORM.S.DIST function can be used to determine the probability that a random variable that is standard normally distributed would be less than 0.5. In financial analysis, NORM.S.DIST...
LOGNORM.DIST Function
Lognormal Distribution Excel Function The Lognormal Distribution Excel Function is categorized under Excel Statistical functions. It will calculate the cumulative lognormal distribution function at a given value of x. We can use the function to analyze data that‘s been logarithmically transformed. A variable x is log-normally distributed if its natural logarithm is normally distributed. In terms of...
GAUSS Function
What is the GAUSS Function? The GAUSS Function is categorized under Excel Statistical functions. It will return the probability that a member of a standard normal population will be between the mean and a specified number of standard deviations from the mean. In other words, GAUSS gives us a way to solve a specific case...
