NORM.S.INV

The NORM.S.INV function in Google Sheets calculates the inverse of the standard normal cumulative distribution for a specified value. It is useful in statistical analysis and probability calculations. Learn how to use this function effectively with our comprehensive guide.

Function Syntax and Parameters

Syntax: NORM.S.INV(x)

Parameters:

• x: The value to calculate the inverse standard normal cumulative distribution for.

Step-by-Step Tutorial

1. Using NORM.S.INV with a specific value:
   • Example: =NORM.S.INV(0.5)
   • Result: 0

Use Cases and Scenarios

1. Risk Analysis: Determine critical values for a given level of confidence.
2. Quality Control: Calculate z-scores for process control limits.
3. Financial Modeling: Estimate probability of returns exceeding a certain threshold.

Related Articles

• Understanding Statistics: The Basics You Need to Know
• Using Probability Distributions in Google Sheets