Normal
Bell-shaped continuous distribution for general applications.
Parameters
Mean: Mean of the distribution.
Standard Deviation: Standard Deviation of the distribution.
Applications
Applied in finance for modeling asset returns, in quality control for process variations, and in business for forecasting demand.
To integrate Monte Carlo samples in your scenarios, see the Scenarios - Monte Carlo module.
Outputs
Plot: Histogram of the distribution with selected Confidence Interval.
Data: Confidence Intervals, Summary Statistics and Percentiles. See a sample output.
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