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Key Points A platykurtic distribution resembles a normal distribution, with some differences. Typically, a platykurtic distribution has a shorter center with fewer values distributed along the ends.
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 ...
Key Points A Box-Cox Power Transformation allows you to transform data to match a normal distribution. It is not a guarantee of normality. It is a quick way of transforming data to better fit a ...
One of the most common applications where log-normal distributions are used in finance is in the analysis of stock prices. The potential returns of a stock can be graphed in a normal distribution.
How to Generate a Random Variable With Normal Distribution in Excel. ... or mean. Using the sales ... You can change B2 and C2 to reference different cells or enter the values into the formula itself.
Leon Jay Gleser, John D. Healy, Estimating the Mean of a Normal Distribution with Known Coefficient of Variation, Journal of the American Statistical Association, Vol. 71, No. 356 (Dec., 1976), pp.
M. E. Bock, Minimax Estimators of the Mean of a Multivariate Normal Distribution, The Annals of Statistics, Vol. 3, No. 1 (Jan., 1975), pp. 209-218 Free online reading for over 10 million articles ...