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normal distribution and z scores

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  1. #1
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    normal distribution and z scores

    im trying to find the mean and standard deviation for player A finishing positions in a tournament.

    we know 15% he finishes in the top 10.
    we know 10% he finishes in the bottom 20

    https://www.youtube.com/watch?v=t727GFJB-ZU

    i was watching above for how to do this on paper. there is a slight difference in what im using this method for. so if any maths guys could let me know if this is the wrong method for the problem.

    i can make the formulas p(z<a)=15%
    and p(z<b)=90%

    i use the =norm.s.inv(0.15) to solve and get z scores of -1.03643 and 1.281552

    now on paper we have 2 equations -1.03=10-mean/standard div and 1.28=20-mean/sd and we can solve them

    but how do i use excel to solve this to get the mean and sd for the player. any guidance on how do do this greatly appreciated. my maths is v rusty and any better methods (or correct ones if im wrong) would be great to hear too. im hoping i will be able to get probabilities for say top 30% from this once i have the mean and sd or am i mistaken? thanks in advance
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    Re: normal distribution and z scores

    my maths is v rusty
    Because I find that I do better programming when I have a good handle on the math, I would suggest you loosen up the rusty math, first.

    A quick refresher on the algebra of solving systems of linear equations: http://www.purplemath.com/modules/systlin1.htm
    In the long run, systems of linear equations are easily solved using matrix algebra: https://www.khanacademy.org/math/pre...ations-systems
    Especially when Excel has built in matrix functions like MINVERSE() and MMULT(): https://www.excel-easy.com/examples/...equations.html

    From there, multiply everything through by sd (to get sd out of the denominator) and the rest should be as described in the links.
    Quote Originally Posted by shg
    Mathematics is the native language of the natural world. Just trying to become literate.

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    Re: normal distribution and z scores

    hi shorty. i can solve the equations on paper(the simpler stuff still) . i should have been more clear. its just 15 yrs since i did statistics so it was more if the method i was using was correct; given the info available(finding unknown mean and sd etc). and if (assuming finishing position is normal distributed) i can go on to use the estimates for mean and sd to get probabilities for other finishing positions accurately. ie 1st-15th or 1st-40th. i have solved the eq on the spreadsheet now. seems like there could be an easier way tho or a method i may need for harder eq. currently im doing it in bits over numerous cells. will check your links a bit later if thats what they explain. (answered here before checking them. brains bit tired for maths now)
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    Last edited by maxpower2; 05-24-2018 at 06:44 PM.

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