Discover what a log-normal distribution is, its financial applications, and how to calculate it, including using Excel for practical financial analysis.

The normal curve is plotted against the same actual return data in the graph above. The variance-covariance is similar to the historical method except it uses a familiar curve instead of actual data.

The logistic transformation applied to a d-dimensional normal distribution produces a distribution over the d-dimensional simplex which can sensibly be termed a logistic-normal distribution. Such ...

India has recorded normal rainfall so far this monsoon season, but the distribution is highly uneven across states, the latest state-wise compilation by the India Meteorological Department (IMD) shows ...

Scientists have calculated the odds of a catastrophic asteroid impact compared to other causes of death—to surprising results.