A discrete distribution is a statistical probability distribution that represents the possible discrete values a variable can take.

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 ...

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