normal distribution

normal distribution definition - business

normal distribution

In statistics, a bell-shaped distribution of outcomes of a symmetrical nature that is concentrated near the mean. A normal distribution is used to predict the value of a variable.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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