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

By using one of the common stock probability distribution methods of statistical calculations, an investor may determine the likelihood of profits from a holding.

You can use the RAND () function to establish probability and create a random variable with normal distribution.

Let F be a probability distribution on R. Then there exist symmetric (about zero) random variables X and Y whose sum has distribution F if and only if F has mean zero or no mean (finite or infinite).

In 1959 A. Renyi proposed a set of axioms for a measure of dependence for pairs of random variables. In the same year A. Sklar introduced the general notion of a copula. This is a function which links ...