When n is small (less than 30), how does the shape of the t distribution compare to the normal distribution then"it is flatter and wider than the normal distribution."
<h3>What is normal distribution?</h3>
The normal distribution explains a symmetrical plot of data around the mean value, with the standard deviation defining the width of the curve. It is represented graphically as "bell curve."
Some key features regarding the normal distribution are-
- The normal distribution is officially known as the Gaussian distribution, but the term "normal" was coined after scientific publications in the nineteenth century demonstrated that many natural events emerged to "deviate normally" from the mean.
- The naturalist Sir Francis Galton popularized the concept of "normal variability" as the "normal curve" in his 1889 work, Natural Inheritance.
- Even though the normal distribution is a crucial statistical concept, the applications in finance are limited because financial phenomena, such as expected stock-market returns, do not fit neatly within a normal distribution.
- In fact, prices generally follow a right-skewed log-normal distribution with fatter tails.
As a result, relying as well heavily on the a bell curve when forecasting these events can yield unreliable results.
To know more about the normal distribution, here
brainly.com/question/23418254
#SPJ4
Answer:
This one ↓↓↓↓↓↓
Step-by-step explanation:
The picture attached is the reflection over the line y = 0
-Chetan K
One liter is equal to 1000 milliliters. Use the conversion to find your answer. 1000 milliliters / 5mL per tube = 200 tubes
Answer:
48 yr. old
Step-by-step explanation:
Assume daughter is 4 and mom is 10 times her age, so mom is 40.
10 (woman) * 4 (daughter's age) = 40 yr. old mom
Present day...
40 (yr old mom) + 8 (yrs later) = 48 yr. old mom today
4 (yr old daughter) + 8 (yrs later) = 12 yr. old daughter today
So, if mom is 4 times as her daughter's age today...
48 (yr. old mom) / 12 (yr. old daughter) = 4
