Discover what a log-normal distribution is, its financial applications, and how to calculate it, including using Excel for ...

Probability density function is a statistical expression defining the likelihood of a series of outcomes for a continuous variable, such as a stock or ETF return.

We review and discuss numerical inversion of the characteristic function as a tool for obtaining cumulative distribution functions. With the availability of high-speed computing and symbolic ...

Journal of Applied Econometrics, Vol. 14, No. 5 (Sep. - Oct., 1999), pp. 563-577 (15 pages) This paper employs response surface regressions based on simulation experiments to calculate asymptotic ...