Key Points A Box-Cox Power Transformation allows you to transform data to match a normal distribution. It is not a guarantee ...

Key Points Normality refers to how your data fits into a normal distribution. You can find out if your data is uniform by ...

Note that the PROBPLOT statement creates a normal probability plot for DIAMETER by default. The nonlinearity of the point pattern indicates a departure from normality. Since the point pattern is ...

A discrete distribution is a probability distribution that depicts the occurrence of discrete (individually countable) outcomes, such as 1, 2, 3, yes, no, true, or false.

When and why do you use lognormal distribution or normal distribution for analyzing securities? Lognormal for stocks, ... There is a 50% probability that it will land on either heads or tails.

The following statements create a P-P plot, shown in Figure 8.1, which is based on the normal distribution with mean and standard deviation : title 'Normal Probability-Probability Plot for Hole ...