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Distribution of a Value
Need some direction...
I am trying to develop a bell curve that will spread a value over a number of periods. Example: 500 widgets across 62 days, how to determine the number of widgets on day 32 or 36, etc? Thanks |
Distribution of a Value
Download a sample file from he
http://www.vertex42.com/ExcelArticle...ion-Excel.html HTH, Ryan--- -- Ryan--- If this information was helpful, please indicate this by clicking ''Yes''. "AK" wrote: Need some direction... I am trying to develop a bell curve that will spread a value over a number of periods. Example: 500 widgets across 62 days, how to determine the number of widgets on day 32 or 36, etc? Thanks |
Distribution of a Value
Thanks for the link...but...
What do I multiple 500 by to get the "widget" value over time? Thanks, "ryguy7272" wrote: Download a sample file from he http://www.vertex42.com/ExcelArticle...ion-Excel.html HTH, Ryan--- -- Ryan--- If this information was helpful, please indicate this by clicking ''Yes''. "AK" wrote: Need some direction... I am trying to develop a bell curve that will spread a value over a number of periods. Example: 500 widgets across 62 days, how to determine the number of widgets on day 32 or 36, etc? Thanks |
Distribution of a Value
Excel 2007
Normal Distribution, Scaled http://www.mediafire.com/file/5buzfj5jm5z/12_02_09.xlsx http://c0444202.cdn.cloudfiles.racks.../12_02_09.xlsx |
Distribution of a Value
"Herbert Seidenberg" wrote in message ... Excel 2007 Normal Distribution, Scaled http://www.mediafire.com/file/5buzfj5jm5z/12_02_09.xlsx http://c0444202.cdn.cloudfiles.racks.../12_02_09.xlsx |
Distribution of a Value
"Herbert Seidenberg" wrote:
Excel 2007 Normal Distribution, Scaled http://www.mediafire.com/file/5buzfj5jm5z/12_02_09.xlsx http://c0444202.cdn.cloudfiles.racks.../12_02_09.xlsx How about saving it in compatibility mode so that (almost) everyone can see it? [Sorry about the previous contentless response. Hit the wrong button.] |
Distribution of a Value
"AK" wrote:
What do I multiple 500 by to get the "widget" value over time? The following might help you get started. And it might be sufficient for your needs. But as I will explain below, there are issues that you might need to consider. Hopefully, my responses will encourage others who might be able to resolve the issues. The following procedure will construct a "standard normal" distribution for 500 widgets over 62 days. 1. Set A1 to -5. 2. Set A2 to the formula: =A1-2*$A$1/61. Copy A2 and paste into A3:A62. A62 should be about 5. A1:A62 are called "z scores" -- the number of standard deviations from the mean. 3. Set B1 to the formula: =500*NORMSINV(A1). Copy B1 and paste into B2:B62. B1:B62 are the cumulative distribution for each of 62 days. 4. Set C1 to the formula: =B1. 5. Set C2 to the formula: =B2-B1. Copy C2 and paste into C3:C62. C1:C62 is the distribution of 500 widgets over each of 62 days. If you select C1:C62 and use the Chart Wizard to draw an XY chart, you should see a normal distribution. However, note that C1:C62 contains fractional widgets, which is probably not practical. So.... 6. Set D1 to the formula: =ROUND(C1,0). Copy D1 and paste into D2:D62. D1:D62 is the integral distribution of 500 widgets over each of 62 days. Issues.... You might notice that, first, there are zero widgets on the several of the first and last of the 62 days; and second, the sum of D1:D62 is less than 500. (In some cases, it might be more.) If you would like a minimum of 1 widget on each of the 1st and 62st days, I do not know how to do that. There might be ad hoc methods for "stretching" the distribution so that it will work. But I suspect the "proper" solution is to (also?) alter the standard deviation, producing a normal distribution, but not a "standard normal" distribution. There is no reason to limit the solution to a "standard normal" distribution, unless that is your requirement. Also, I do not know how to ensure that the sum of the 62 data is exactly 500. Again, there are certainly ad hoc methods for "salting" the distribution. And they might be sufficient, especially if you "salt" the peak values first, creating the smallest percentage error. But I wonder if there is a "proper" method of ensuring exact results -- or at least coming closer. Then again, quantization "errors" are a pain to deal with. ----- original message ----- "AK" wrote in message ... Thanks for the link...but... What do I multiple 500 by to get the "widget" value over time? Thanks, "ryguy7272" wrote: Download a sample file from he http://www.vertex42.com/ExcelArticle...ion-Excel.html HTH, Ryan--- -- Ryan--- If this information was helpful, please indicate this by clicking ''Yes''. "AK" wrote: Need some direction... I am trying to develop a bell curve that will spread a value over a number of periods. Example: 500 widgets across 62 days, how to determine the number of widgets on day 32 or 36, etc? Thanks |
Distribution of a Value
Thank you for the help
How do I set up the MMean and SStd fields so that it can be based on a calculation if the 500 widgets and 62 days should change (which it will fore the most part)? Thank you in advance "Herbert Seidenberg" wrote: Excel 2007 Normal Distribution, Scaled http://www.mediafire.com/file/5buzfj5jm5z/12_02_09.xlsx http://c0444202.cdn.cloudfiles.racks.../12_02_09.xlsx . |
Distribution of a Value
Excel 2007
Normal Distribution, Scaled Added defined names for variables. http://c0444202.cdn.cloudfiles.racks.../12_02_09.xlsx |
Distribution of a Value
Apology for the multiple questions.. but the link goes to a zip file with a
lot of xml files. I'm trying to figure out how the MMean value was determined. Looks like you use a Solver Problem window but where is that? Is that an add-in? Is there an equation that will determine the Mean and Stand Deviation if the K value and Z are known? Thanks, "Herbert Seidenberg" wrote: Excel 2007 Normal Distribution, Scaled Added defined names for variables. http://c0444202.cdn.cloudfiles.racks.../12_02_09.xlsx . |
Distribution of a Value
The updated Cloudfile link works fine for others,
but as a backup, here is the MediaFire update: http://www.mediafire.com/file/djzlrz...12_02_09x.xlsx |
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