lognormal
- adjective
- /ˌlɔɡˈnɔrməl/
- Specialized
- We then created a lognormal distribution for resources at each play-prospect combination by multiplying the play mean and standard deviation by the prospect's areal share.
- lognormal distribution
Examples
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In statistics, a dataset can be described by a lognormal distribution if the logarithm of the values follows a normal distribution.
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Either the log-logistic distribution or the lognormal distribution may be appropriate.
Academic text (2013) -
First, we fitted a lognormal distribution to each of the play resource distributions.
Academic text (1991) -
For the purposes of the multivariate analyses, the lognormal distribution (i.e., base 10) of reported income was used.
Academic text (2011) -
Diagnostic plots were also used to evaluate the suitability of a location-scale model with either a log-logistic or a lognormal distribution for the survival times.
Academic text (2013) -
When analyzing income data, researchers often find that it follows a lognormal distribution due to the skewness of wealth.
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The lognormal distribution is commonly used in finance to model stock prices because it reflects the tendency for prices to move multiplicatively.
Surface Forms
Morphology
Etymology
Lognormal joins log (short for 'logarithm') and normal (the bell-shaped 'normal' curve). A helpful way to remember it is to think: if you take the 'log' of the numbers their shape becomes the familiar normal curve, so something described as lognormal has that property.