Log-normal Distribution Simply Explained
Last Updated on August 28, 2023 by Editorial Team
Author(s): Egor Howell
Originally published on Towards AI.
A slight modification of the famous normal distribution
This member-only story is on us. Upgrade to access all of Medium.
Photo by James Yarema on Unsplash
The normal distribution is a household name, particularly in the fields of data science and machine learning. However, have you heard of the log-normal distribution? It has applications in a wide range of industries, from Biology to Finance, therefore, it’s a very useful concept for Data Scientists to understand. In this article, we will delve into the theory and applications of this distribution.
Join thousands of data leaders on the AI newsletter. Join over 80,000 subscribers and keep up to date with the latest developments in AI. From research to projects and ideas. If you are building an AI startup, an AI-related product, or a service, we invite you to consider becoming a sponsor.
Published via Towards AI