The process of rotating data in Excel, such that rows become columns and columns become rows, is pretty straightforward. Copy, and then right-click on the destination and select the ‘transpose cells’ paste option.

Things get a little more complicated if you want to transpose a series of cell references or formulae e.g. “=A14” or “=NORMSINV(A14)-NORMSINV(1-B14)”. If you don’t have all your cell references in absolute format, Excel will get the transposition all wrong. One way of getting round this is to find and replace (CTRL-H) all your = signs in the array you want to transpose, with a symbol that Excel finds meaningless, like #. You can then copy and paste-transpose your # cell references, and once you find and replace the #s with =s (in both your original and transposed arrays), you’ll have achieved the transposition you’re after.

In B, CTRL-H has been used to find and replace all =s with #s. The cell references look to have transposed correctly.
The correct transposition is confirmed in C once CTRL-H has been used to re-replace all the #s with =s.