Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...

As with all probability distributions, the Normal Distribution describes how the values of your data are distributed. Subsequently, it is one of the most important probability distributions in ...

Everyone agrees the normal distribution isn't a great statistical model for stock market returns, but no generally accepted alternative has emerged. A bottom-up simulation points to the Laplace ...

Future events are far from certain in the business world. This is especially true for smaller businesses, which tend to have more volatility than larger organizations, or newer businesses without a ...

Anyone familiar with basic statistics is familiar with the concept of a bell curve. A bell curve is a visual representation of normal data distribution, in which the median represents the highest ...

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 ...