Key Points A platykurtic distribution resembles a normal distribution, with some differences. Typically, a platykurtic ...

The normal distribution is technically known as the Gaussian distribution, however, it took on the terminology "normal" following scientific publications in the 19 th century showing that many ...

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

Normal distribution cannot be used to model stock prices because it has a negative side, and stock prices cannot fall below zero. Another similar use of the lognormal distribution is with the ...

Normal Distribution Normal, or Gaussian, distribution describes a pattern where values in your defined range occur more frequently around a center point, or mean.

There is a long standing belief in business that people performance follows the Bell Curve (also called the Normal Distribution). This belief has been embedded in many business practices ...

A Log-Normal distribution function is the normal distribution for the logarithm of the variable. In linear scale it is a highly skewed distribution with a long tail in the high productivity side.