A standard curve, often known as a bell curve or Gaussian distribution, is a statistical illustration of the distribution of information. It’s a symmetrical, bell-shaped curve that exhibits the chance of a given worth occurring. Regular curves are utilized in all kinds of purposes, equivalent to statistics, finance, and engineering.
In Excel, you’ll be able to create a standard curve utilizing the NORMDIST perform. This perform takes three arguments: the imply, the usual deviation, and the x-value at which you wish to consider the curve. The imply is the typical worth of the information, the usual deviation is a measure of how unfold out the information is, and the x-value is the worth at which you wish to consider the curve.