PHI function

PHI Function

Excel 2013 has given us a new function i.e., PHI.

PHI function returns the value of the density function for a standard normal distribution.





where x is the number for which you need the density of standard normal distribution

Example:- The denisty of standard normal distribution for 0.5 is 0.352065 and can be obtained as :-

= PHI ( 0.5 )

which will fetch 0.352065


Note:-You will get #NUM! error if x is an invalid numeric value and you might get #VALUE! error if x is a non-numeric value such as text / signs etc.

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