When you request a lognormal probability plot, you must specify the shape parameter for the lognormal distribution (see Table 9.13 for the equation). The value of must be positive, and typical values ...

Journal of the Royal Statistical Society. Series D (The Statistician), Vol. 31, No. 3 (Sep., 1982), pp. 211-220 (10 pages) Probability plots are often used to examine whether a sample comes from some ...

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Probability Distribution Notes: Probability is a fundamental aspect of mathematics that helps us understand and quantify uncertainty. Mastery of this subject is essential for students, as it has ...

Bernoulli is published jointly by the Bernoulli Society for Mathematical Statistics and Probability and the International Statistical Institute (ISI). The journal provides a comprehensive account of ...

Circular statistics is a specialised subfield of statistics that focuses on analysing data points distributed on a circle. Unlike conventional linear statistics, circular data is characterised by ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...