Everyone agrees the normal distribution isn't a great statistical model for stock market returns, but no generally accepted alternative has emerged. A bottom-up simulation points to the Laplace ...

The Central Limit Theorem is a statistical concept applied to large data distributions. It says that as you randomly sample data from a distribution, the means and standard deviations of the samples ...

Animator Shuyi Chiou and the folks at CreatureCast give an adorable introduction to the central limit theorem – an important concept in probability theory that can reveal normal distributions (i.e.

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 ...

A bell curve is a graph used to visualize the distribution of a set of chosen values across a specified group that tend to have central, normal values that peak, with low and high extremes tapering ...