How to use LOGINV function in Excel

Summary This tutorial will guide you through the process of using the LOGINV function in Excel. The LOGINV function is a statistical function used to calculate the inverse of the log-normal cumulative distribution function of x, where ln(x) is normally distributed. This function is especially valuable for data analysts and finance professionals aiming to enhance their Excel skills.

---

Step 1: Understanding the LOGINV Function

Firstly, it's essential to grasp what the LOGINV function does. The function calculates the inverse of the log-normal cumulative distribution function of x, where ln(x) is normally distributed. The syntax is: LOGINV(probability,mean,standard_dev).

• probability: The probability associated with the log-normal distribution.
• mean: The mean of ln(x).
• standard_dev: The standard deviation of ln(x).

You can get more information from the Microsoft Office documentation.

Step 2: Open Excel and Input Your Data

Begin by opening a new Excel workbook and input your data into three separate cells. For instance, probability could go in cell A1, mean in cell B1, and standard_dev in cell C1.

Step 3: Apply the LOGINV Function

Select a new cell where you want the result to appear, for example, cell D1. Type =LOGINV(A1, B1, C1) and then hit Enter.

Step 4: Interpret the Result

Excel will calculate the LOGINV function and present the result in cell D1. This value is the inverse of the log-normal cumulative distribution for the given values and can be interpreted within the context of your specific statistical analysis.

Step 5: Adjust and Experiment as Required

Feel free to adjust the input values or extend the use of the function to other data in your workbook. With the LOGINV function, you can carry out detailed statistical analyses, which are particularly applicable in fields like finance and data analytics.

For a comprehensive understanding of Excel's statistical functions, consider this LinkedIn Learning Course.

---