The normal distribution is by far the most important distribution in applied statistics. This paper is concerned with the validity of its use in studying and analyzing the financial markets data within the Zimbabwean context. It will be shown that the use of the normal distribution for Zimbabwean data is dubious and conclusions drawn from such analysis can be misleading.
A research article on financial markets in Zimbabwe.
History
Publisher
University of Zimbabwe (UZ) Publications
Citation
Dhlakama, R. (2000) Random walk and the Zimbabwe capital markets, Journal of Applied Science in Southern Africa (JASSA), vol. 6, no. 2, pp. 71-79. Harare: UZ Publications.