What is a nominal distribution?

Answer A nominal, normal or Gaussian distribution is a type of probability distribution originally devised (by Carl Friedrich Gauss) to model errors in astronomical observations. It is commonly used by st... Read More »

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What is a nominal value?

In investing, nominal value refers to the fixed value of a security, such as stocks and bonds, according to Investopedia. On the other hand, market values vary all the time. For tangible goods, nom... Read More »

What is a nominal account?

Nominal accounts are temporary accounts. Bookkeepers will close out these temporary balances at the end of the period into permanent accounts. Each year, nominal accounts will begin the year with a... Read More »

What is a nominal group?

The nominal group technique, also known as NGT, provides a method for a group of individuals to achieve a consensus when making a decision. Nominal groups provide an opportunity for every participa... Read More »

What Is Nominal Yield?

Nominal yield is the face value of a bond. It is the precise percentage amount that it will yield; it does not account for any other factor like opportunity cost or inflation.