News

Probability density functions are a statistical measure used ... Stock prices and returns tend to follow a log-normal distribution rather than a normal one, indicating that downside losses are ...
A log-normal distribution can be translated to a normal distribution and vice versa using associated logarithmic calculations. A normal distribution is a probability distribution of outcomes that ...
As with all probability distributions, the Normal Distribution describes ... The formula for this distribution’s probability density function is shown below. Note that the only variable ...
The novelty of this work is to estimate wind potential using Normal probability density function. A comparison of five probability distributions namely Normal, Gamma, Chi-Squared, Weibull, and ...