Phrases with «lognormal distribution»

A lognormal distribution refers to a probability distribution where the logarithm of a variable follows a normal (bell-shaped) distribution. In simpler terms, it describes a pattern in which the logarithmic values of something are distributed in a particular way, similar to a normal distribution. Full definition

Sentences with «lognormal distribution»

  • I again assumed that the uncertainty surrounding climate sensitivity has a fat - tailed lognormal distribution (cf. Roe & Baker, 2007). (shapingtomorrowsworld.org)
  • Columbia Engineering Professor Venkat Venkatasubramanian has led a study that examines income inequality through a new approach: he proposes that the fairest inequality of income is a lognormal distribution (a method of characterizing data patterns in probability and statistics) under ideal conditions, and that an ideal free market can «discover» this in practice. (sciencedaily.com)
  • «There's the old joke that if you have 10 regular people in a room and Bill Gates walks in, everybody gets a billion dollars richer on average — that's a lognormal distribution,» Fox - Kemper said. (sciencedaily.com)
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