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weve been discussing normal distributions and today were going to see a slight variant on that this is the log normal distribution and this is a distribution that in itself is not normally distributed but the logarithm of this variable is normally distributed so if we were to draw our variable capital y it would not look normal not normally shaped at least it would have a skew to it namely a right skew however if you take the values in your variable y and take the natural log of them all right ln of y and then graph those over here this distribution will have that classic bell shape if this variable really is log normally distributed and when were working with normal distributions we like to discuss where the center is right and that would be the mean however this is not the mean of your variable this is the mean of the natural log of your variable another one of our favorite things to discuss about normal distributions the means best friend how spread out is this bell shaped curve
