Learn how Gaussian models developed by Carl Friedrich Gauss can be used to understand market behavior and probabilities in trading strategies.

A random distribution of events that is graphed as the famous "bell-shaped curve." It is used to represent a normal or statistically probable outcome and shows most samples falling closer to the mean ...

The normal distribution is the probability distribution that plots all of its values along a symmetrical bell curve, with the highest probabilities centered around the mean value and tapering out ...