NORMSDIST

The NORMSDIST function in Google Sheets returns the value of the standard normal cumulative distribution function for a specified value. It is commonly used in statistical analysis to calculate the probability of a random variable being less than or equal to a given value.

Function Syntax and Parameters

Syntax: NORMSDIST(x)

Parameters:

• x: The value for which you want to calculate the standard normal cumulative distribution function.

Step-by-Step Tutorial

1. Using NORMSDIST with a specific value:
   • Example: =NORMSDIST(1.5)
   • Result: Returns the probability of a random variable being less than or equal to 1.5 according to the standard normal distribution.

Use Cases and Scenarios

1. Risk Assessment: Calculate the probability of an event occurring based on its standard deviation.
2. Quality Control: Analyze the likelihood of a product's measurement falling within a specified tolerance range.
3. Finance: Estimate the probability of a stock price or asset return falling below a certain threshold.

Related Functions

• NORMSINV: Returns the inverse of the standard normal cumulative distribution function for a specified probability.

Related Articles

• Understanding the Normal Distribution: Definition, Characteristics, and Uses
• How to Calculate Z-Score in Google Sheets