heavy-tail distributions
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August 22nd, 2020
- At some point I might do a rant about power laws and heavy-tail distributions and if/when I do this image might be helpful
- I get annoyed when people contrast "normal" with "power law" without noting that these are two totally different shapes and not easily confused.
- You want to contrast "normal/gaussian" with "cauchy" and contrast "exponential" with "power law/pareto", the latter in each pair being the fat-tailed one.
