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Normal distribution

A Probability distribution shaped like a Bell, often found in statistical samples. The distribution of the curve implies that for a large population of independent random numbers, the majority of the population often cluster near a central value, and the frequency of higher and lower values taper off smoothly.

Related Terms: 8 Bell, CLU, Dependent, High, Low, Owe, Probability distribution, Tape
Other Related Pages: Category: Technical_Analysis Starting With: N
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