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

Compound probability is a mathematical term relating to the likeliness of two independent events occurring.

Journal of Applied Probability, Vol. 31, No. 3 (Sep., 1994), pp. 743-756 (14 pages) Exponential bounds are derived for the tail probabilities of various compound distributions, generalizing the ...