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High Quality Content by WIKIPEDIA articles! In probability theory, a log-normal distribution is a probability distribution of a random variable whose logarithm is normally distributed. If Y is a random variable with a normal distribution, then X = exp(Y) has a log-normal distribution; likewise, if Y is log-normally distributed, then log(Y) is normally...
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High Quality Content by WIKIPEDIA articles! In probability theory, a log-normal distribution is a probability distribution of a random variable whose logarithm is normally distributed. If Y is a random variable with a normal distribution, then X = exp(Y) has a log-normal distribution; likewise, if Y is log-normally distributed, then log(Y) is normally distributed. (The base of the logarithmic function does not matter: if loga(Y) is normally distributed, then so is logb(Y), for any two positive numbers a, b 1.) Log-normal is also written log normal or lognormal. It is occasionally referred to as the Galton distribution or Galton's distribution. A variable might be modeled as log-normal if it can be thought of as the multiplicative product of many independent random variables each of which is positive. For example, in finance, a long-term discount factor can be derived from the product of short-term discount factors. In wireless communication, the attenuation caused by shadowing or slow fading from random objects is often assumed to be log-normally distributed. See log-distance path loss model.
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Try Another Book?Since launching the first textbook rental site in 2006, BookRenter has never wavered from our mission to make education more affordable for all students. Every day, we focus on delivering students the best prices, the most flexible options, and the best service on earth. On March 13, 2012 BookRenter.com, Inc. formally changed its name to Rafter, Inc. We are still the same company and the same people, only our corporate name has changed.