Define Normal random variable. Normal random variable synonyms, Normal random variable pronunciation, Normal random variable translation, English dictionary definition of Normal random variable. n. A theoretical frequency distribution for a random variab
Definition ofNormal random variable Normal random variable Arandom variablethat has anormalprobability distribution. Related Terms: CARs (cumulative abnormal returns) a measure used in academic finance articles to measure the excess returns an investor would have received over a particular time period if...
A normal distribution is the bell-shaped frequency distribution curve of a continuous random variable. Visit BYJU’S to learn its formula, curve, table, standard deviation with solved examples.
Z = (X – mean)/stddev, where X is the random variable. Basically, this conversion forces the mean and stddev to be standardized to 0 and 1 respectively, which enables a standard defined set of Z-values (from the Normal Distribution Table) to be used for easy calculations. A snap-sho...
Definition Example Sentences Word History Entries Near Cite this Entry Share Show less Save Word lognormaladjectivelog·nor·mal ˌlȯg-ˈnȯr-məl ˌläg- : relating to or being a normal distribution that is the distribution of the logarithm of a random variable also ...
The reason that this distribution is called “log-normal” is that if X is a lognormally distributed random variable, then ln(X) follows a normal distribution. In simple terms: Imagine you have a random number X that can only take positive values. When you look at the regular values of ...
Define Normal density function. Normal density function synonyms, Normal density function pronunciation, Normal density function translation, English dictionary definition of Normal density function. n. A theoretical frequency distribution for a random v
Definition of Normal deviate in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Normal deviate? Meaning of Normal deviate as a finance term. What does Normal deviate mean in finance?
The meaning of LOGNORMAL is relating to or being a normal distribution that is the distribution of the logarithm of a random variable; also : relating to or being such a random variable.
The standard normal distribution is one of the forms of the normal distribution. It occurs when a random variable has a mean equal to zero.