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 ...

The normal distribution is pretty cool. It’s a mathematically determined probability distribution that does a good job of describing the patterns of variability between scores for many variables in ...

Imagine you're at a fair, and you see a booth with a giant dartboard. The booth owner challenges you to hit the bullseye. You take your shot, and the dart lands somewhere on the board. Now imagine ...

Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn to assess risk and potential gains.

This column is the fourth in a series on parameter estimation, leading up to the justly famous Kalman filter. The discipline is based on the fact that our knowledge of the state of any real-world ...