Discover what a log-normal distribution is, its financial applications, and how to calculate it, including using Excel for ...

A worst-case scenario includes values from the lower end of the probability distribution, the normal-case scenario includes mid-range values and the best-case scenario includes upper-range values.

You can use the RAND () function to establish probability and create a random variable with normal distribution.

The histogram, boxplot, and normal probability plot are three graphics that can be used when assessing the distribution of a set of data. Figure 2, left panel, shows a histogram of some typical ...

Since the point pattern is curved with slope increasing from left to right, a theoretical distribution that is skewed to the right, such as a lognormal distribution, should provide a better fit than ...

For a spherically symmetric multivariate normal random sample, the asymptotic distribution of the largest interpoint Euclidean distance is derived. The number of interpoint distances exceeding a high ...

In this article we review two historical approximations to the Poisson and binomial cumulative distribution functions (CDFs); that is, the Wilson—Hilferty and Camp—Paulson approximations. Both of ...

The course covers the probability, distribution theory and statistical inference needed for advanced courses in statistics and econometrics. Michaelmas term: Probability.