For example, if
When this command executes, the result is
For a Left-tailed test, we are interested in the region from
to
.
The graph below represents this result. The shaded area goes from
to
, and has total area equal to
, or
.
Note that we changed the sign of the value that
NORMSINV
returned. Alternatively,
we could have obtained the value
directly by coding
NORMSINV
.
This threshold value would be used to construct a Left-tailed test or confidence region.
(Note: this is the correct syntax for Excel. It is slightly different for other spreadsheets. Consult the help menu of the spreadsheet you are using to find the correct syntax for your spreadsheet program).