Explain what is meant by this statement: There is not just one normal probability distribution but a

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Explain what is meant by this statement: “There is not just one normal probability distribution but a ‘family’ of them.”

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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