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

Excel uses the function RAND () to return a random and uniformly distributed number between 0 and 1, every time the worksheet is calculated. If you are analyzing how fluctuations in sales will ...

NICK LORD, Discrete random variables having equal mean and variance, The Mathematical Gazette, Vol. 98, No. 542 (July 2014), pp. 347-349 ...

In this study, we establish the Marcinkiewicz–Zygmund strong law of large numbers for randomly weighted sums of negatively orthant dependent random variables. The law of the single law of logarithm ...