Normal Distribution

Normal Distribution is a special type of statistical distribution which is bell shaped and symmetric and is defined by the mean and the standard deviation. It is an important concept in probability theory and is used extensively in the sciences and in many business and economic applications. The Normal Distribution is also known as a Gaussian Distribution or bell curve. It has many uses in the fields of finance, economics and statistics and is used to model the probability of a certain event or variable like stock market returns, grades or test scores, or to represent the likelihood of certain outcomes in a study. The Normal Distribution is also used in machine learning and deep learning to model probability distributions and to build predictive models.