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 ...

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 ...

The effectiveness of such curves is illustrated with plots of real and simulated data. Percentiles of a related correlation test of goodness of fit are presented for testing the fit of either the ...