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FFEMT81
09-26-2005, 11:43 AM
Hi All!

I'm new to this forum and found it after spending 2 hours doing statistics homework. I'm trying to find an example, online, of the normal distribution in a business context. For example: management, finance. Can anyone point me in the right direction? I've been searching for the past 2 hours and am not having any luck. Thanks!

JohnM
09-26-2005, 11:54 AM
Try here:

http://www.riskglossary.com/link/monte_carlo_transformation.htm

Go to Google and use search terms such as histogram, portfolio, risk assessment, etc.

quark
09-26-2005, 12:00 PM
Hi FFEMT81,

Here is a site on business statistics.

http://home.ubalt.edu/ntsbarsh/Business-stat/opre504.htm

Under "Normal Density Functions" there is an application:

"A portfolio manager believes that the overnight loss of his portfolio is distributed normally with mean $0 and standard deviation of $10 000. Find the 5% one-day value at risk for this portfolio."

Hope this helps.