The normal distribution is a concept in statistics that assumes all values are distributed in the same pattern. It requires symmetry and consistent proportions in the distribution of values. Normal ...

Imagine a number line, extending in both directions infinitely. Above this line we might graph bars that represent the proportion of observations of something that fall within any given interval on ...

This article addresses a gap in many, if not all, introductory mathematical statistics textbooks, namely, transforming a random variable so that it better mimics a normal distribution. Virtually all ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...