Solution-Characteristics of standard normal distribution

Characteristics of standard normal distribution

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1. What are the characteristics of standard normal distribution? The HR department of an organization collects data on employees: age, salary, level of education, gender, and ethnicity. Which data do you think is more likely to follow normal distribution? Explain why

2. The Rule of Three generates a 95% confidence interval. What rule would you recommend if you wanted to have a 99.75% confidence interval? Why?

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This question is based on statistical calculations and we define the characteristics of normal distribution and on the basis of it we decide which is the most appropriate method to measure the level of confidence and significance.

Reference no: EM13820855

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Characteristics of standard normal distribution

Reference no: EM13820855

Reference no: EM13820855

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