Standard normal distribution, Mathematics

Assignment Help:

Q. Describe Standard Normal Distribution?

Ans.

The Standard Normal Distribution has a mean of 0 and a standard deviation of 1. The letter Z is often used to refer to a standard normal random variable.

Note that, although many applications in the real world have a normal distribution, rarely does anything in the real world follow a standard normal distribution. This is a convenient distribution that can be used (after some transformations) for ANY normal distribution. In the following examples, we will work through finding probabilities for a standard normal random variable.

Click here to see a table with probabilities for the standard normal distribution.

The area under the curve, the shaded area in this diagram, represents the probability of a normally distributed random variable obtaining a value less than z,1391_Standard Normal Distribution1.gif.

735_Standard Normal Distribution.gif

The entries in the table are the probabilities that a random variable having the standard normal distribution assumes a value less than z.


Related Discussions:- Standard normal distribution

Characteristics of time series, Characteristics of Time Series Time se...

Characteristics of Time Series Time series has the given characteristics. a) A long term trend (T) -tendency of the whole series to fall and rise. b) Seasonal variati

Run a chi-square test, Download the data on Gas Mileage.  This is a sample ...

Download the data on Gas Mileage.  This is a sample of 81 passenger cars with information about gas consumption and other technical details.     a.        Estimate the following

Derive the hicksian demand function using indirect utility , (a) Derive the...

(a) Derive the Marshalian demand functions and the indirect utility function for the following utility function: u(x1, x2, x3) = x1 1/6 x2 1/6 x3 1/6    x1≥ 0, x2≥0,x3≥ 0

Quadratic equation, for what k, q.p. kx2-8x+k can be factored into real lin...

for what k, q.p. kx2-8x+k can be factored into real linear factors. kx2-8x+k

Introduction to multiplication and division, INTRODUCTION :  When a Class ...

INTRODUCTION :  When a Class 5 child was given the problem 'If I paid Rs. 60 for 30 pencil boxes, how much did b pencil box cost?', he said it would be 60 x 30 = 1800. This

Arithmetic/Geometric Sequences and Binomial Expansion, Find the 35th term o...

Find the 35th term of the sequence in which a1 = -10 and the common difference is 4.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd