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for a little simulation i need to draw random numbers from a normal
distribution with a given mean (0.025) and std dev (0.3373). Having read some earlier posts i tried =norminv(rand(), mean, std dev). Apparently, this is not the right formula: it returns regularly values in the 50%s which should not happen from my 2.5% mean. I also found the box-muller method. How could i transform the random draws from the standard normal distribution into the ones i need? Is there another formula i could use? Thanks a lot in advance Gerald. |
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