The GAUSS function in Google Sheets is a powerful statistical tool used to determine the likelihood of a random variable falling within specified deviations from the mean in a normal distribution. This function is particularly useful in fields like finance, research, and any area that involves statistical analysis, allowing users to evaluate probabilities effectively.
Syntax
GAUSS(z)
- z: This parameter represents the number of standard deviations from the mean. It indicates how far away a value is from the average in terms of standard deviations.
Example #1
GAUSS(1)
This function calculates the probability that a random variable is within one standard deviation of the mean in a normal distribution. The result will be approximately 0.3413, indicating that about 34.13% of values lie within this range.
Example #2
GAUSS(-2)
This function evaluates the likelihood that a random variable falls within two standard deviations below the mean. The result will be about 0.4772, meaning approximately 47.72% of values are found within this segment of the distribution.
Example #3
GAUSS(3)
This function gives the probability of a random variable being within three standard deviations above the mean. The result will be near 0.4987, which signifies that nearly 49.87% of values are contained within this upper range.
Error handling
- NUM!: This error occurs if the z value provided is non-numeric or outside the acceptable range.
- VALUE!: This may show up if the argument is not valid or is missing. Ensure that a valid numeric value is entered.