A normal distribution, often referred to as the bell curve, is a probability distribution that is symmetric around the mean. It represents how the values of a dataset are distributed. Imagine a dataset where most of the values cluster around a central point, with fewer values tapering off symmetrically on both sides. This central point is the mean, and the spread of the data is characterized by the standard deviation.
- The shape is symmetric and bell-shaped.
- Most data points lie close to the mean, emphasizing the 'mound' shape.
- It is defined by two key parameters: mean (the central tendency) and standard deviation (the spread or dispersion).
In practical terms, understanding normal distribution helps us to make predictions about data behavior and probability, as seen in various fields such as biology, finance, and social sciences.