Calculating probabilities on a normal distribution: Normal Distribution Calculator This web calculator allows users to specify the mean and standard deviation (SD) of the normal distribution, and ...

One of the most common applications where log-normal distributions are used in finance is in the analysis of stock prices. The potential returns of a stock can be graphed in a normal distribution.

Normal distribution cannot be used to model stock prices because it has a negative side, and stock prices cannot fall below zero. Another similar use of the lognormal distribution is with the ...

The idea of this paper is to use the multivariate normal inverse Gaussian (MNIG) distribution as the conditional distribution for a multivariate GARCH model. The MNIG distribution belongs to a very ...

The t-distribution (or Student's t-distribution) has similarities to the normal distribution in shape, but with heavier tails. This applet allows users to drag a slider to change the degrees of ...