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

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 ...

What Is Skewness? A normal distribution exhibits zero skewness and is often shown as a bell curve. Skewness is the degree of asymmetry observed in a set of data. A distribution is right-skewed if ...

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 ...