Cryptocurrency Q&A What is the Gaussian distribution in simple terms?

What is the Gaussian distribution in simple terms?

DigitalDragon DigitalDragon Fri Nov 29 2024 | 7 answers 1528
I'm trying to understand the Gaussian distribution, but I'm not familiar with complex mathematical jargon. Can someone explain it to me in simple, easy-to-understand terms? What is the Gaussian distribution in simple terms?

7 answers

HallyuHeroLegend HallyuHeroLegend Sun Dec 01 2024
The mean acts as the center of symmetry.

Was this helpful?

87
25
CryptoMystic CryptoMystic Sun Dec 01 2024
Data points closer to the mean occur more frequently.

Was this helpful?

137
67
Leonardo Leonardo Sun Dec 01 2024
Normal distribution holds a significant place in statistics.

Was this helpful?

184
83
Federico Federico Sun Dec 01 2024
It is also referred to as the Gaussian distribution.

Was this helpful?

362
98
Elena Elena Sun Dec 01 2024
Conversely, data points farther from the mean are less common.

Was this helpful?

273
86
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