Excel's NORM.INV function can be used to compute _____.
A) cumulative probabilities for a standard normal z value
B) the standard normal z value given a cumulative probability
C) cumulative probabilities for a normally distributed x value
D) the normally distributed x value given a cumulative probability

Question

Quizplus · Accepted Answer

The NORM.INV function in Excel is used to find the x value (quantile) of a normal distribution given a cumulative probability, mean, and standard deviation.