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Statistics shows data is often grouped on a bell curve distribution, but a business study reveals that extreme outliers can skew research – with big implications.
Modern-day terminology defines the normal distribution as the bell curve, with mean and variance parameters. This article explains the bell curve and applies the concept to trading.
2] To create a bell curve in excel, we need three values, average, standard deviation, and normal distribution. Let’s calculate the average of the data first.