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.
POPULAR TERMS
Thierry Desmarest
Chairman, and former Chief Executive Officer and President of Total, one of the biggest oil and gas firms worldwide. During his tenure, the company ...
Bank Stress Test
Analysis done because of unfavorable economic scenarios that is needed to know if a bank has enough capital with the impact of the development. ...
Interest Rate
The amount charged by a lender to a borrower for using assets. Expressed as a percentage of principal, these are usually noted on an annual basis, ...
Cracking
Method of breaking down a larger product into smaller by-products. Used in the oil and gas industry, this can be accomplished by employing various ...
Quasi-Reorganization
This is a procedure where recapitalization is achieved through the elimination of the deficit that exists and the establishment of a new earned sur ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
08:30 | Producer & Import Prices | Mar | |
11:00 | Industrial Production | Feb | |
14:30 | Manufacturing Shipments | Feb | |
14:30 | Wholesale Sales | Feb | |
14:30 | Retail Sales | Mar | |
14:30 | NY Fed Empire State manufacturing index | Apr | |
16:00 | Business Inventories | Feb | |
16:00 | NAHB Housing Market Index | Apr | |
04:00 | Real GDP | 1 quarter |