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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:
2. Generating random numbers in Excel !â¯We can use RAND() to generate #âs from other distributions !â¯To generate values from the Normal distribution !â¯=NORMINV(RAND(), mean, standard_deviation) !â¯E.g., =NORMINV(rand(), 10,5) !â¯â¦will generate a random number from a Normal distribution with mean 10 and std.dev. 5.. Generating random numbers in Excel !â¯We can use RAND() to generate #âs from other distributions !â¯To generate values from the Normal distribution !â¯=NORMINV(RAND(), mean, standard_deviation) !â¯E.g., =NORMINV(rand(), 10,5) !â¯â¦will generate a random number from a Normal distribution with mean 10 and std. dev. 5.