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A normal distribution is continuous, and can generate an infinite number of outcomes. The multinomial distribution, on the other hand, can only produce a discrete or limited number of outcomes.
Normal, or Gaussian, distribution describes a pattern where values in your defined range occur more frequently around a center point, or mean. Using the sales projection example, you observe that ...
The central limit theorem (CLT) states that the distribution of a random variable in a sample will begin to approach a normal distribution as the sample size becomes larger, regardless of the true ...
How to Put a Gaussian Curve on a Graph in Excel. Gaussian curves, normal curves and bell curves are synonymous. Each represents how statistical data with normal distribution plots on a graph.
We study the asymptotic covariance function of the sample mean and quantile, and derive a new and surprising characterization of the normal distribution: the asymptotic covariance between the sample ...