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
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Answer:
h = V/lw
Step-by-step explanation:
We know the formula for the volume of a rectangular prism is V = lwh. We need to use this equation and solve for h by dividing lw on both sides.
V = lwh
V/lw = h
8 more red circles because if you have 9 red circles and 3 blue ones the ratio would be 9:3 and if you simplify that down to 3:1 that’s the answer. So you would need to add 8 more red circles
Answer:
This number can be found using the Rule of 70, which describes the formula dt = 70 / r, where dt is the doubling time, and r is the annual rate of growth.
Step-by-step explanation:
24/6 = 4
20 x 2 = 40 x 2 = 80 x 2 = 160 x 2 = 320
20 ---> 320 in the first day.
Keep doing this equation. Multiply each day's end result by 2 four times for 9 more days.
Answer:
there is your answer
Step-by-step explanation:
