Physical Sciences and Mathematics Commons^™

A Logistic Approximation To The Cumulative Normal Distribution, Shannon R. Bowling, Mohammad T. Khasawneh, Sittichai Kaewkuekool, Byung R. Cho

Engineering Management & Systems Engineering Faculty Publications

This paper develops a logistic approximation to the cumulative normal distribution. Although the literature contains a vast collection of approximate functions for the normal distribution, they are very complicated, not very accurate, or valid for only a limited range. This paper proposes an enhanced approximate function. When comparing the proposed function to other approximations studied in the literature, it can be observed that the proposed logistic approximation has a simpler functional form and that it gives higher accuracy, with the maximum error of less than 0.00014 for the entire range. This is, to the best of the authors’ knowledge, the …