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Normal Distribution in Excel

  1. #1
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    Normal Distribution in Excel

    Hi, everyone,

    I have a quick question for normal distribution in Excel.

    There's a construction project with the following monthly expenditures:

    JUL 2008 $ 4,903
    AUG 2008 $ 3,591
    SEP 2008 $ 15,452
    OCT 2008 $ 12,806
    NOV 2008 $ 59,988
    DEC 2008 $ 121,808
    JAN 2009 $ 261,162
    FEB 2009 $ 264,769
    MAR 2009 $ 306,240
    APR 2009 $ 438,695
    MAY 2009 $ 397,569
    JUN 2009 $ 345,190


    The project's allocated amount is $12 million and the time period is from July 2008 to December 2010. Is there anyway I can forecast future monthly expenditures (from July 2009 & onwards) based on normal distribution model using Excel 2003?

    Your input is greatly appreciated.

    Thank you.

    Mega Excel Noob

  2. #2
    Forum Expert JBeaucaire's Avatar
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    Re: Normal Distribution in Excel

    I don't use these functions myself, but here's a well-laid out primer on Excel and its Normal Distribution functions:

    http://www.exceluser.com/explore/statsnormal.htm
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