Cryptocurrency Q&A How do you know if a distribution is Gaussian?

How do you know if a distribution is Gaussian?

KimonoElegance KimonoElegance Thu Dec 05 2024 | 6 answers 1271
I'm trying to figure out if a certain data distribution is Gaussian. I know there are certain characteristics that define a Gaussian distribution, but I'm not sure how to apply them to determine if my data follows this pattern. How do you know if a distribution is Gaussian?

6 answers

CharmedSun CharmedSun Sat Dec 07 2024
Testing the hypothesis that your data were sampled from a Normal (Gaussian) distribution can be approached in two main ways.

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CryptoProphet CryptoProphet Sat Dec 07 2024
Visually, you can utilize QQ-plots and histograms to assess the normality of your data. QQ-plots compare the quantiles of your data to the quantiles of a normal distribution, while histograms provide a visual representation of the distribution's shape.

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Maria Maria Fri Dec 06 2024
Statistically, there are tests available to determine the normality of your data. Tests such as D'Agostino-Pearson and Kolmogorov-Smirnov are commonly used.

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KimonoGlory KimonoGlory Fri Dec 06 2024
The D'Agostino-Pearson test is a good choice for small to moderate-sized datasets and provides a comprehensive assessment of normality.

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Andrea Andrea Fri Dec 06 2024
The Kolmogorov-Smirnov test, on the other hand, is more sensitive to deviations in the tail of the distribution and is suitable for larger datasets.

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