Random Within Certain Parameters

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?
 

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