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
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If you would like to know the Tom's pay for the week, you can calculate this using the following steps:
P = B * h
P ... the pay
B ... the base pay
h ... the number of hours worked
B = $6.35
h = 28 hours
P = B * h = $6.35 * 28 hours = $177.8
<span>Tom's pay for the week would be $177.8.</span>
The answer is y= 3/4x - 4.
Answer:
The volume is 
Step-by-step explanation:
From the question ,
and 
The volume of a pyramid is given as
From the question, the base of the pyramid is a square.
Hence base area is given by 
This implies that the volume of the pyramid is
Answer:
Step-by-step explanation:
False. Diagonals of a convex polygon is a line segment that joints two non adjacent vertices.
