The lognormal distribution is a commonly used distribution for modelling asymmetric data. It’s just the log of a Normal distribution right? Well no, it’s actually the other way around. You take the log of a lognormal distribution to arrive at a normal distribution. Is it just me, but I always have a bit of a mental block about this, it always feels a bit back to front.
In this post I will explore the relationship between a lognormal distribution and a normal distribution.