When to Use Normal Versus Lognormal Distribution The preceding example helped us arrive at what really matters to investors: when to use each method. Lognormal is extremely useful when analyzing ...

The normal distribution is a probability distribution that follows the graph of a bell curve: the most common outcomes are clustered around the mean, with probability tapering off towards the ...

Using the Pliance-X System, a pressure-sensitive mat consisting with 256 sensors, Latif and her colleagues originally set out to prove that normal wooden trees cause greater pressure under the ...

This wonderfully animated applet helps users understand the sample mean's properties, using simulated fish length data which is assumed to come from a normal distribution. Users can choose the sample ...