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

Sankhyā: The Indian Journal of Statistics, Series B (2008-), Vol. 75, No. 1 (May 2013), pp. 1-15 (15 pages) Folded normal distribution arises when we try to find out the distribution of absolute ...

A useful theorem in statistics, *The Central Limit Theorem, states that sums and averages tend to follow a normal distribution, no matter what distribution the individual data values come from. For a ...

We started this thought experiment with the simple statistics for a single die — statistics which happen to describe a uniform distribution , in which all outcomes are equally likely. From that ...

The purpose of the Institute of Mathematical Statistics (IMS) is to foster the development and dissemination of the theory and applications of statistics and probability. The Institute was formed at a ...

The bell curve has been pushed far to the right as income concentrates in upper strata households, even as the value of middle incomes have fallen.