Normal distribution is a probability distribution commonly used in Finance and other social sciences for statistical tests. There are several versions of the normal distribution, but the one called 'standard normal distribution' has a mean of 0 and standard deviation of 1 and is the default used to standardize data in spreadsheets and statistical analysis programming languages.
Synonyms: bell-shaped curve, Gaussian distribution, Gaussian function
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False. The t-distribution is better suited for small sample sizes.
Bud: Guy fails to realize that calling the
Gaussian is off-putting.
Rex: Yeah, classic Quant. Most I know are at least two standard deviations from normal.
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