Sentences with LOGNORMAL

"The lognormal distribution is a probability distribution of a random variable whose logarithm is normally distributed."

"In finance, lognormal distribution is often used to model the behavior of stock prices."

"The lognormal distribution is commonly used in risk analysis to model asset returns."

"To fit lognormal data, one can estimate the mean and variance of the underlying normal distribution."

"The lognormal distribution has a long right tail."

"In option pricing models, lognormality of the underlying asset price is often assumed."

"The lognormality assumption is crucial for the Black-Scholes option pricing model."

"Estimating the parameters of a lognormal distribution is important for analyzing extreme events."

"The lognormal distribution is used in modeling oil prices and other commodities."

"The lognormal distribution is a special case of the generalized extreme value distribution."

"One of the properties of the lognormal distribution is that the median is greater than the mean."

"The concept of lognormality arises in studying population dynamics and species abundance."