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The Excel NORMINV function calculates the inverse of the Cumulative Normal Distribution Function for a supplied value of x, and a supplied distribution mean & standard deviation. The format of the function is:NORMINV(probability, mean, standard_dev).Where the function arguments are:he Excel NORMINV function calculates the inverse of the Cumulative Normal Distribution Function for a supplied value of x, and a supplied distribution mean & standard deviation. The format of the function is: NORMINV(probability, mean, standard_dev). Where the function arguments are:
Fill in the Function Arguments Tab with Z value of 1.9. 2. Choose Formulas Tab | Function Library Group | More Functions | Statistical | NORMDIST. Fill in the Function Arguments Tab with probability value of 0.9. The standard normal sets the mean to 0 and standard deviation to 1. Here we consider the normal distribution with other values for the mean Âµ and standard devation Ï. THE functions used are NORMDIST and NORMINV. 1. Here standard deviation = Ï = sqrt(4.8) = 2.1909.