Cryptocurrency Q&A What is the Gaussian distribution in real life?

What is the Gaussian distribution in real life?

BitcoinBaroness BitcoinBaroness Thu Dec 05 2024 | 6 answers 1517
I want to understand how the Gaussian distribution applies to real-life situations. What are some practical examples where this statistical concept is observed or used? What is the Gaussian distribution in real life?

6 answers

LightningStrike LightningStrike Sat Dec 07 2024
The concept of a normal distribution, also referred to as the "Gaussian Distribution," serves as a fundamental tool in statistics.

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Valentina Valentina Sat Dec 07 2024
This distribution illustrates the probability density for a set of continuous data points.

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CryptoLodestarGuard CryptoLodestarGuard Fri Dec 06 2024
For instance, consider the heights of all NBA players in centimeters.

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Lucia Lucia Fri Dec 06 2024
A normal distribution would depict the range of heights and the frequency of occurrence within that range.

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Elena Elena Fri Dec 06 2024
The shape of the curve is characterized by a bell-like appearance, with the highest point representing the most common height.

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