LOG-NORMAL DISTRIBUTION
A probability distribution by which random variables have a normally distributed logarithm. Utilized in technical analysis, it can be displayed at random variable X, where log (X) is distributed normally.
Under multiplication and division, these distributions are self-replicating. Thus, multiplying or dividing log-normal random variables leads to log-normal distributions.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
