Understanding Normal Distribution: Key Concepts and Financial Uses

Discover normal distribution—a critical concept in finance—and its key properties, formula, and real-world applications.
Nature

The multivariate shared truncated normal frailty model with application to medical data

A new multivariate shared frailty model based on the truncated normal distribution is proposed. For the basal distribution of failure times, we assume a parametric approach through the Weibull and ...