The empirical rules (we encountered them several times before) come from a normal distribution. No data set is ever normally distributed, because the sets have a finite number of values and the normal ...

When and why do you use lognormal distribution or normal distribution for analyzing securities? Lognormal for stocks, normal for portfolio returns.

Burt S. Holland, Some Results on the Discretization of Continuous Probability Distributions, Technometrics, Vol. 17, No. 3 (Aug., 1975), pp. 333-339 ...

Uniform distribution (continuous) In mathematics, the continuous uniform distributions are probability distributions such that all intervals of the same length are equally probable.

The multinomial distribution is a type of probability distribution used in finance to determine the likelihood of a certain set of outcomes.

There are fundamental reasons why the normal distribution is a reasonable approximation in many development and manufacturing settings, but there are also practical reasons why data may not exactly ...

For a spherically symmetric multivariate normal random sample, the asymptotic distribution of the largest interpoint Euclidean distance is derived. The number of interpoint distances exceeding a high ...