Tag lognormal

The Distribution of the Sample Mean and Sum

Let \(X_{1}\dots X_{n}\) be a random sample from a distribution with mean \(\mu\) and standard deviation \(\sigma\). Then:...

The Lognormal Distribution

If \(Y=\ln X\) is a normal distribution, then \(X\) is log-normal. \begin{equation*} f(x;\mu,\sigma)=\frac{1}{\sqrt{2\pi\sigma}...