Creating a random skewed distribution

RSjohnson82

New Member
Joined
Feb 12, 2020
Messages
1
Office Version
  1. 365
Platform
  1. Windows
Good evening,

I am creating a monte-carlo simulation using NORM.INV distribution based on a mean and standard deviation.

However, the distribution of the data that these numbers are based on is skewed; which doesn't get reflected, as only using mean/sd produces a symmetrical distribution.

Is there a way I can add the =skew of the distribution into the randomly generated number?

skewsamp.JPG


Any help appreciated, thanks.
 

Excel Facts

Copy PDF to Excel
Select data in PDF. Paste to Microsoft Word. Copy from Word and paste to Excel.
You can approximate your desired distribution with a triangular distribution (with a known skew) or with a step-wise linear distribution, for example.
 
Upvote 0

Forum statistics

Threads
1,215,278
Messages
6,124,021
Members
449,139
Latest member
sramesh1024

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top