Normal distribution, also known as Gaussian distribution, is a fundamental concept in statistics that is used to describe the probability distribution of a continuous random variable. In simple terms, ...
Percentiles are an important statistical tool used to understand the distribution of data. They indicate the relative standing of a particular value within a data set. In this article, we will delve ...
What is a Standard Normal Distribution? Previously, you learned about the normal (or Gaussian) distribution, which is characterized by a bell shape curve. We also identified the mean and standard ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...