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🤯 Mind. Blown. Ever thought $\\mu$ and $\\sigma$ in a log-normal distribution were as simple as the mean and standard deviation? Think again! This expert drops the truth bomb: those parameters are from the *underlying normal distribution* of the log-transformed variable, and once you exponentiate, things get *skewed*. $e^\\mu$ is *not* the mean! Don't get caught making this fundamental probability mistake when dealing with skewed data distributions. Level up your stats knowledge now. #stats #ma
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🤯 Mind. Blown. Ever thought $\\mu$ and $\\sigma$ in a log-normal distribution were as simple as the mean and standard deviation? Think again! This expert drops the truth bomb: those parameters are from the *underlying normal distribution* of the log-transformed variable, and once you exponentiate, things get *skewed*. $e^\\mu$ is *not* the mean! Don't get caught making this fundamental probability mistake when dealing with skewed data distributions. Level up your stats knowledge now. #stats #ma
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