Term: Lognormal Distribution

Glossary Definition

Last Updated: 2009-02-26

Definition:

A continuous probability distribution of any random variable whose logarithm is normally distributed. For example, if X is a random variable with a normal distribution, then Y= exp (X) is log-normally distributed. The probability density function of a log-normal distribution can be written as:

concept/lognormal_dist_formula.jpg

References