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

In cases where the utility function is increasing with upper and lower bounds then the utility function can be characterized by a distribution function, and we can take advantage of the various ...

The full normal distribution table, with precision up to 5 decimal point for probability values (including those for negative values), can be found here. Let’s see some real-life examples.