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

By using one of the common stock probability distribution methods of statistical calculations, an investor may determine the likelihood of profits from a holding.

Managerial accounting both uses and depends on the information probability distributions supply. A probability distribution establishes a statistical relationship between two or more variables and ...

Continuous Probability Distributions Definitions Continuous Variable: can take on any value between two specified values. Obtained by measuring. Discrete Variable: not continuous variable (cannot take ...

Students of statistics and researchers in search of a stats review will appreciate the Probability-Distributions app designed by Dr. Matthew Bognar at the University of Iowa. The app includes ...

Inferences or decisions in the face of uncertainty should be based on all available information. Thus, when probability distributions for an uncertain quantity are obtained from experts, models, or ...

When do probability distribution functions (PDFs) about future climate misrepresent uncertainty? How can we recognise when such misrepresentation occurs and thus avoid it in reasoning about or ...

Theoretical distributions frequently used to model fire loss amount are discussed. The problem of selecting models solely on the basis of statistics is addressed. Use of probabilistic arguments ...