This article addresses a gap in many, if not all, introductory mathematical statistics textbooks, namely, transforming a random variable so that it better mimics a normal distribution. Virtually all ...

Kristina Zucchi is an investment analyst and financial writer with 15+ years of experience managing portfolios and conducting equity research. Gordon Scott has been an active investor and technical ...

The normal distribution is pretty cool. It’s a mathematically determined probability distribution that does a good job of describing the patterns of variability between scores for many variables in ...

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 ...