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

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.

In a number of situations we are faced with the problem of determining efficient estimates of the mean and variance of a distribution specified by (i) a non-zero probability that the variable assumes ...

Normal, or Gaussian, distribution describes a pattern where values in your defined range occur more frequently around a center point, or mean. Using the sales projection example, you observe that ...