Since 1996 the Bank of England inflation forecast has been published as a probability distribution and presented in what is now known as ‘the fan chart’. This post provides an overview on this useful visualisation tool and its Python implementation.
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The two-piece normal, also called split normal, binormal, or double-Gaussian, results from joining at the mode the corresponding halves of two normal distributions with the same mode but different standard deviations.
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In this post we compare the performance of our Python implementation for two popular methods to simulate samples from a pair of independent normal random variables: Box-Muller and Marsaglia-Bray.
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This post contains a Bokeh app showing the rapid change in Fertility Rate that took place in Mexico during the last 50 years. The idea is to illustrate how simple data visualisation tools can help to communicate a story. Fertility rate in Mexico was close to 7 children during the 50s and 60s. It reached its peak of 6.83 children per woman in 1970. In contrast, the global average at that time was 4.73 and […]
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