Statistics Interview Question: Q2>LOG NORMAL DISTRIBUTION VS STANDARD NORMAL DISTRIBUTION:  The major difference is in its shape: the normal distribution is symmetrical, whereas the lognormal distribution is not. Because the values in a lognormal distribution are positive, they create a right-skewed curve. ... A further distinction is that the values used to derive a lognormal distribution are normally distributed   Q3>What are statistics? Ans: Statistics is a science of acquiring, classifying, organizing, analyzing, interpreting, and presenting numerical data so as to make inferences about the population from the sample drawn. Q4>Descriptive statistics? Ans: Descriptive statistics is that part of statistics that quantitatively describes the characteristics of a particular dataset under study, with the help of brief summary about the sample. Q5>What is Inferential Statistics? Ans: It is one of the types of statistics in which a random sample is drawn from a la...