TheDenouement
New Member
- Joined
- Aug 24, 2010
- Messages
- 10
I'm trying to create a sequence of random returns that will always have a specific standard deviation.
I've tried "=NORMINV(RAND(),HypotheticalAVG,HypotheticalStDev)"
and it gives pretty decent results, but the Standard Deviation is generally between 0 to 5% off of the desired result.
Is it possible to do this?
I've tried "=NORMINV(RAND(),HypotheticalAVG,HypotheticalStDev)"
and it gives pretty decent results, but the Standard Deviation is generally between 0 to 5% off of the desired result.
Is it possible to do this?