A normal distribution is continuous, and can generate an infinite number of outcomes. The multinomial distribution, on the other hand, can only produce a discrete or limited number of outcomes.

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

Calculating probabilities on a normal distribution: Normal Distribution Calculator This web calculator allows users to specify the mean and standard deviation (SD) of the normal distribution, and ...

Real-World Example of a Platykurtic Distribution Morningstar published a research paper that featured information on the excess kurtosis levels of different types of assets, as observed between ...

Students must have completed Elementary Statistical Theory (ST102) and Mathematical Methods (MA100). Students who have not taken these courses should contact Dr Mavrakakis. Students must have ...