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 ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech and strategic finance ...

An understanding and working knowledge of the basic principles of statistics are of central importance in understanding the sport and health sciences. Introduction to Statistics in Human Performance: ...

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 ...

Statisticians frequently assume that data follow a normal distribution when developing statistical methods and performing practical data analysis. In most introductory statistics textbooks, the ...

The factorial moment generating function (FMGF) of the multivariate Poisson normal (or Hermite) distribution is derived as the limiting form of a multinomial process and as the FMGF of a mixture of ...

The rich get richer or success breeds success effect, also called Matthew’s principle from the parable of the Talents in Matthiew 25:14-30), has been invoked many times in the sociology of science to ...