Business, Legal & Accounting Glossary
Bell curve is statistically a large and random sample which, when measured, will produce a bell curve on a bar chart – the scale measurement being along the x-axis and the total occurrences within the sample up the y-axis.
If one took as a sample all the inhabitants of Greater London as a suitably large group and then made measurements i.e. height, weight, or wealth, a distribution would occur around the mean. Hence, there would be few at the extremes – the majority being near to the middle. This is defined on a Market Profile chart as the Value Area.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Bell Curve are sourced/syndicated and enhanced from:
This glossary post was last updated: 15th February, 2020 | 2 Views.