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 ...

Probability Distribution Notes: Probability is a fundamental aspect of mathematics that helps us understand and quantify uncertainty. Mastery of this subject is essential for students, as it has ...