What are the advantages of using the lognormal distribution over using the normal distribution to describe stock

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What are the advantages of using the lognormal distribution over using the normal distribution to describe stock prices?

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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Question Posted: Feb 11, 2024 12:00 AM

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What are the advantages of using the lognormal distribution over using the normal distribution to describe stock

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Great question There are several advantages of using the lognormal distribution over the normal dist...View the full answer

Statistics For Business And Financial Economics

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