The normal distribution is also termed as a gaussian distribution. It represents the data from the mean position. In the graph form normal distribution appears as a bell curve.
The normal distribution is widely used in financing industries. To examine the price action of the stocks and to account for the returns in the assent class.
The normal distribution is symmetric and has a skewness of zero. The skewness measures the symmetry of a distribution with respect to the normal distribution.
The normal distribution is an important probability distribution in math and statistics because many continuous data in nature and psychology display this bell-shaped curve when compiled and graphed.