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

A discrete distribution is a probability distribution that depicts the occurrence of discrete (individually countable) outcomes, such as 1, 2, 3, yes, no, true, or false.

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

In a number of situations we are faced with the problem of determining efficient estimates of the mean and variance of a distribution specified by (i) a non-zero probability that the variable assumes ...