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The distribution of profits of a company is a bell shaped frequency curve. Why??
Answers (4)
Thread Starter
Jaswanth PHere, sr
Large amounts of data, example ages of all people on earth ( or a country or a state) , weights of a lot of people, profits of 1000s companies, heights of a lot of people, the return on stock market when computed for every second, etc all these kinds of data typically follow the bell distribution. i.e a lot of people will be closer to average of the entire data set and the share of the curve will be like a bell. This is an observed fact. Large amounts of independent data will usually be in this form