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Standard Normal Loss Value
How do I find the Standard Normal Loss value in Excel?
I can find the function for Standard Normal, but I also need the Loss value. James |
#2
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Standard Normal Loss Value
I have no experience with this usage, but a Google search on "Standard Normal
Loss" gives many hits. The first being a power point presentation that on slide 10 defines the standard normal loss function L(z) as =NORMDIST(z,0,1,FALSE)-z*NORMSDIST(-z) so it seems to be dealing with the discrepancy between the actual tail probability and the 1-term asymptotic approximation to the tail probability Jerry "James" wrote: How do I find the Standard Normal Loss value in Excel? I can find the function for Standard Normal, but I also need the Loss value. James |
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