All categories

1 year ago

When n is small (less than 30), how does the shape of the t distribution compare to the normal distribution?

1 answer:

6 0

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

You might be interested in

What is the coefficient in the following expression?<br> 5a2-7

Harlamova29_29 [7]

Answer:

Step-by-step explanation:

coefficeint is the number before the variable

3 0

2 years ago

An engineer is comparing voltages for two types of batteries (K and Q) using a sample of 37 type K batteries and a sample of 58

Olegator [25]

Answer:

Hypothesis Test states that we will accept null hypothesis.

Step-by-step explanation:

We are given that an engineer is comparing voltages for two types of batteries (K and Q).

where, $\mu_1$ = true mean voltage for type K batteries.

$\mu_2$ = true mean voltage for type Q batteries.

So, Null Hypothesis, $H_0$ : $\mu_1 = \mu_2$ {mean voltage for these two types of

batteries is same}

Alternate Hypothesis, $H_1$ : $\mu_1 \neq \mu_2$ {mean voltage for these two types of

batteries is different]

<em>The test statistics we use here will be :</em>

$\frac{(X_1bar-X_2bar) - (\mu_1 - \mu_2) }{s_p\sqrt{\frac{1}{n_1}+\frac{1}{n_2} } }$ follows $t_n__1 + n_2 -2$

where, $X_1bar$ = 8.54 and $X_2bar$ = 8.69

$s_1$ = 0.225 and $s_2$ = 0.725

$n_1$ = 37 and $n_2$ = 58

$s_p = \sqrt{\frac{(n_1-1)s_1^{2}+(n_2-1)s_2^{2} }{n_1+n_2-2} } = \sqrt{\frac{(37-1)0.225^{2}+(58-1)0.725^{2} }{37+58-2} }$ = 0.585 Here, we use t test statistics because we know nothing about population standard deviations.

Test statistics = $\frac{(8.54-8.69) - 0 }{0.585\sqrt{\frac{1}{37}+\frac{1}{58} } }$ follows $t_9_3$

= -1.219

<em>At 0.1 or 10% level of significance t table gives a critical value between (-1.671,-1.658) to (1.671,1.658) at 93 degree of freedom. Since our test statistics is more than the critical table value of t as -1.219 > (-1.671,-1.658) so we have insufficient evidence to reject null hypothesis.</em>

Therefore, we conclude that mean voltage for these two types of batteries is same.

6 0

3 years ago

list three different ways to write 5 (with an exponents of 11) as the product of two powers. explain why all three of you expres

Lady bird [3.3K]

Ok i got it its 5^1 5^3 5^8 and 5^10 lol yw

7 0

3 years ago

Read 2 more answers

Given the points (5, 2) and (7, 10) find the slope of the line going through the two points . Now write the point-slope form of

drek231 [11]

Step-by-step explanation:

the slope of a line is specified as the ratio y/x. that indicates how many units y changes, when x changes a certain amount of units.

so, going e.g. from (5, 2) to (7, 10), x changes from 5 to 7 = +2 units. and y changes from 2 to 10 = +8 units.

so, the slope y/x = m = 8/2 = 4

the point-slope form is

y - y1 = m(x - x1)

m = slope

(x1, y1) = coordinates of one point on the line. let's pick the first point (5, 2).

y - 2 = 4(x - 5)

or then fully simplified (leading to the slope- intercept form) :

y - 2 = 4x - 20

y = 4x - 18

for question 2 we do the same thing for (4, -2) and (0, -5).

x changes from 4 to 0, so, -4 units.

y changes from -2 to -5, so, -3 units.

slope = y/x = m = -3/-4 = 3/4

since there is a 0 included, let's use (0, -5) as point for the point-slope form

y - -5 = 3/4(x - 0)

y + 5 = 3/4 x

so, the last option is correct.

3 0

2 years ago

The measures of three parts of ABC are given in the diagram. What is AC, correct to two decimal places?

miskamm [114]

There is no link or photo, so no person will be able to help... sorry!

6 0

3 years ago