Understanding the Normal Distribution
Atena2023-11-16T11:27:00+03:30Introduction: The normal distribution, often referred to as the Gaussian distribution, is a fundamental concept in statistics and probability theory. It plays a crucial role in various fields, from physics and engineering to social sciences and finance. In this article, we will explore the normal distribution in-depth, discussing its characteristics, properties, applications, and the mathematics behind it. The Basics of the Normal Distribution: The normal distribution, represented as the bell-shaped curve, is a continuous probability distribution with a symmetrical shape. It is characterized by two key parameters: the mean (μ) and the standard deviation (σ). The mean [...]