Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Abstract: The normal distribution model has strong application in mathematical and statistical research. In communication system, each electron component has a safety score, aiming to measure the its ...

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 ...

Let’s start by understanding what the probability distribution is. What is a probability distribution? In mathematics, especially in probability theory and statistics, probability distribution ...

Where \(X\) is a normally distributed random variable with mean \(\mu\) and standard deviation \(\sigma\). The peak of the curve occurs at \(x=\mu\), and the spread ...

Abstract: The wrapped normal distribution arises when the density of a one-dimensional normal distribution is wrapped around the circle infinitely many times. At first look, evaluation of its ...

What does the protein content in cows' milk have in common with human IQ? Both variables have approximately normal distributions. The normal distribution is a good model for measurements of many kinds ...

If the probability that a randomly selected person will vote in the next election is 0.39, how would we find the probability that more than half of the people in a sample of 1000 will vote? Since the ...