Unlock the simplest and clearest explanation of the Normal Distribution! In this video, we break down one of the most important concepts in statistics using easy visuals and real-life examples.

The normal distribution is a concept in statistics that assumes all values are distributed in the same pattern. It requires symmetry and consistent proportions in the distribution of values. Normal ...

A special case of multivariate count data. The general case is often handled with copulas in the literature. The computationally difficult part is that most or almost all methods require numerical ...

Ritwik is a passionate gamer who has a soft spot for JRPGs. He's been writing about all things gaming for six years and counting. Simulation games manage to convert the mundane into something ...

When business researchers analyze data, they often rely on assumptions to help make sense of what they find. But like anyone else, they can run into a whole lot of trouble if those assumptions turn ...

The word "normal" permeates many aspects of our lives—from medicine to fashion, intelligence testing to behavior. However, beneath its comforting surface lies a more complex and potentially limiting ...

Abstract: The normal inverse Gaussian (NIG) distribution is a recent variance-mean mixture of a Gaussian with an inverse Gaussian distribution. The NIG can serve as a model for data that are ...

Imagine you're at a fair, and you see a booth with a giant dartboard. The booth owner challenges you to hit the bullseye. You take your shot, and the dart lands somewhere on the board. Now imagine ...

The IQ bell curve meme, also referred to as the “midwit” meme, makes use of a graph representation of the probability theory of normal distribution. This graph, commonly known as the “bell curve” for ...