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IS there a mathematical formula for NORMSINV?
I'm trying to verify the calculation for the Inverse Cumulative Standard
Normal Distribution Function (also known as the Probit function) represented by the Excel function NORMSINV( ). For instance: The Excel function =NORMSINV(0.9626) returns 1.78. Can someone show me a manual calculation for this? I'm currently digging through the statistics books, but hoping for a quick-n-dirty solution. Thanks, - George |
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