A Box-Cox Power Transformation allows you to transform data to match a normal distribution. It is not a guarantee of normality. It is a quick way of transforming data to better fit a control chart.

As with all probability distributions, the Normal Distribution describes how the values of your data are distributed. Subsequently, it is one of the most important probability distributions in ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech and strategic finance ...