NORM.INV Function in Excel: Value for a Given Probability

NORM.INV Function in Excel: Value for a Given Probability featured illustration

πŸ“Ž This article includes 1 downloadable practice file ↓

⏱ 2 min read

StatisticsLevel: ExpertAvailable in: Excel 2010+

In this article
  1. Syntax
  2. Examples
  3. Example 1
  4. Example 2
  5. NORM.INV in practice
  6. Where you will use it
  7. Worked example
  8. Mistakes people make
  9. Related functions
  10. Continue learning

NORM.INV is the reverse of NORM.DIST: give it a probability and it returns the value. Great for safety stock, and for simulations with RAND().

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Syntax

=NORM.INV(probability, mean, standard_dev)
Argument What it means
probability Between 0 and 1.

Examples

Example 1

=NORM.INV(0.95, 200, 30)

Stock that covers demand on 95% of days (about 249).

Example 2

=NORM.INV(RAND(), 200, 30)

One random simulated day of demand.

NORM.INV in practice

Where you will use it

  • Value at a given percentile
  • Safety stock levels
  • Set targets at the 90th percentile

Worked example

ProbabilityFormulaResult
0.9=ROUND(NORM.INV(A2,50,10),2)62.82
0.5=ROUND(NORM.INV(A3,50,10),2)50
0.05=ROUND(NORM.INV(A4,50,10),2)33.55

Results calculated in Excel.

Mistakes people make

MistakeWhat to do instead
Probability outside 0-1#NUM!
Standard normalUse NORM.S.INV for mean 0, SD 1

NORM.DIST Β· RAND

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πŸ“Ž Practice files for this article

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    Practice workbook: Statistics advanced33 tasks on realistic sales data β€” type your formula, the Check column turns green when it is right. Answers sheet included.
    ⬇ XLSX Β· 36 KB

Free to use for learning. Files with macros (.bas) are plain text β€” import them with Alt+F11 β†’ File β†’ Import File, and always test on a copy.

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