A comprehensive guide to understanding log-normal distribution, its conversion from normal distribution, applications in finance, and how to utilize it in Excel.
Explore what a Bell Curve is, its importance in statistical analysis and application in real-world scenarios, including finance and performance assessments.
Explore the Empirical Rule, a fundamental statistical concept that explains how data falls within one, two, and three standard deviations in a normal distribution.
Understand the intricacies of a Z-Test, a statistical method used to determine differences between population means under certain conditions. Learn when to use a Z-Test over a T-Test.
Explore the concept of normal distribution or Gaussian distribution, its fundamental properties, how it's utilized in finance and its impact on statistical analysis and trading tactics.
This comprehensive entry explores what goodness-of-fit implies in statistics, different tests like chi-square, and how it helps determine the fit of sample data to a distribution.
