Formula Generator - LOGNORM.DIST function
The LOGNORM.DIST function returns the probability or cumulative probability of a value occurring in a log-normal distribution. It is commonly used in statistics and finance to model data that is positively skewed and has a long tail. The function takes three arguments: x, which is the value for which we want to calculate the probability or cumulative probability; mean, which is the mean of the distribution; and standard_deviation, which is the standard deviation of the distribution.How to generate an LOGNORM.DIST formula using AI.
To obtain the LOGNORM.DIST formula, you could ask the AI chatbot the following question: "What is the Excel formula for calculating the cumulative distribution function (CDF) of a log-normal distribution?"
LOGNORM.DIST formula syntax.
The LOGNORM.DIST function in Excel calculates the cumulative distribution or probability density of a log-normal distribution. Its syntax is as follows: LOGNORM.DIST(x, mean, standard_dev, cumulative) - x: This is the value at which you want to evaluate the log-normal distribution. - mean: This is the mean of the logarithm of the distribution. - standard_dev: This is the standard deviation of the logarithm of the distribution. - cumulative: This is a logical value that determines the form of the function. If cumulative is TRUE, the function calculates the cumulative distribution function. If cumulative is FALSE, the function calculates the probability density function. Note: The mean and standard_dev arguments must be positive numbers. Example usage: =LOGNORM.DIST(10, 2, 0.5, TRUE) This formula calculates the cumulative distribution of a log-normal distribution with a mean of 2, standard deviation of 0.5, and evaluates it at the value of 10.
Calculate Probability of a Value
In this use case, we use the LOGNORM.DIST function to calculate the probability of a given value occurring in a log-normal distribution. The function takes three arguments: x, which is the value for which we want to calculate the probability; mean, which is the mean of the distribution; and standard_deviation, which is the standard deviation of the distribution.
LOGNORM.DIST(x, mean, standard_deviation)
Calculate Cumulative Probability
In this use case, we use the LOGNORM.DIST function to calculate the cumulative probability of a value occurring in a log-normal distribution. The function takes three arguments: x, which is the value for which we want to calculate the cumulative probability; mean, which is the mean of the distribution; and standard_deviation, which is the standard deviation of the distribution.
LOGNORM.DIST(x, mean, standard_deviation, cumulative)
Generate Random Numbers
In this use case, we use the LOGNORM.DIST function to generate random numbers that follow a log-normal distribution. The function takes three arguments: x, which is the value for which we want to generate a random number; mean, which is the mean of the distribution; and standard_deviation, which is the standard deviation of the distribution.