11:38 PM Mon Oct 28 3.71% The term "log-normal" gives a clue about how this distribution connects to both logarithms and the normal distribution. Here's how: if your data follows a log-normal distribution, taking the logarithm of each data point will transform the dataset into a normal distribution. In other words, applying the logarithmic transformation to log-normal data results in a set of values that are normally distributed. This relationship helps make it easier to analyze and work with data that has a log-normal pattern. See figure below 0:06 0:04 002 Lognormal Distribution of variable X E(X) 001 Normal Distribution 0.00 of variable Y 40 natural scale so 001 02 03 04 05 06 Relationship between the normal and log-normal function |
11:38 PM Mon Oct 28 3.71% The term "log-normal" gives a clue about how this distribution connects to both logarithms and the normal distribution. Here's how: if your data follows a log-normal distribution, taking the logarithm of each data point will transform the dataset into a normal distribution. In other words, applying the logarithmic transformation to log-normal data results in a set of values that are normally distributed. This relationship helps make it easier to analyze and work with data that has a log-normal pattern. See figure below 0:06 0:04 002 Lognormal Distribution of variable X E(X) 001 Normal Distribution 0.00 of variable Y 40 natural scale so 001 02 03 04 05 06 Relationship between the normal and log-normal function |
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 5SE: What does the y -intercept on the graph of a logistic equation correspond to for a population...
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