A bell curve, often known as a standard distribution, is a statistical illustration of the distribution of information. It’s a symmetrical, bell-shaped curve that reveals the chance of a given worth occurring. Bell curves are utilized in all kinds of fields, together with statistics, finance, and engineering.
In Excel, you possibly can create a bell curve utilizing the NORMDIST perform. This perform takes three arguments: the imply, the usual deviation, and the x-value. The imply is the common worth of the info, the usual deviation is a measure of how unfold out the info is, and the x-value is the worth for which you need to calculate the chance.