Cryptocurrency Q&A What is Gaussian average?

What is Gaussian average?

Giulia Giulia Tue Dec 24 2024 | 7 answers 1813
I'm trying to understand the concept of Gaussian average. Could someone explain it to me in simple terms, possibly with an example or comparison to other types of averages? What is Gaussian average?

7 answers

EclipseChaser EclipseChaser Thu Dec 26 2024
The normal distribution holds a significant place in statistics.

Was this helpful?

234
60
Alessandro Alessandro Thu Dec 26 2024
The shape of the bell curve is characteristic of the normal distribution.

Was this helpful?

292
27
amelia_harrison_architect amelia_harrison_architect Thu Dec 26 2024
The mean value plays a central role in the normal distribution.

Was this helpful?

374
81
SakuraFestival SakuraFestival Thu Dec 26 2024
Another crucial component of the normal distribution is the standard deviation.

Was this helpful?

365
24
Caterina Caterina Wed Dec 25 2024
A smaller standard deviation results in a narrower bell curve, indicating that the data points are closer to the mean.

Was this helpful?

161
60
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts