Standardizing normal variables, Mathematics

Assignment Help:

Standardizing Normal Variables

Suppose we have a normal population. We can represent it by a normal variable X. Further, we can convert any value of X into a corresponding value Z of the standard normal variable, by using the formula 90_standardizing normal variables.png

Where,

         X       =    the value of any random variable

         m       =   the mean of the distribution of the random variable

         s       =    the standard deviation of the distribution

         Z       =   the number of standard deviations from X to the mean of the distribution and is 
                       known as the Z score or standard score.


Related Discussions:- Standardizing normal variables

Binomial probability distribution, Binomial Probability Distribution B...

Binomial Probability Distribution Binomial probability distribution is a set of probabilities for discrete events. Discrete events are those whose outcomes or results can be c

Management, Discuss demanding total market demand verus gaing market share

Discuss demanding total market demand verus gaing market share

Integrals involving quadratics - integration techniques, Integrals Involvin...

Integrals Involving Quadratics To this point we have seen quite some integrals which involve quadratics.  Example of Integrals Involving Quadratics is as follow: ∫ (x / x 2

The mode -measures of central tendency, The mode - It is one of the me...

The mode - It is one of the measures of central tendency. The mode is defined as a value in a frequency distribution that has the highest frequency. Occasionally a single valu

Add or subtract operations for complex numbers, performs the mentioned oper...

performs the mentioned operation and write the answers in standard form. ( -4 + 7 i ) + (5 -10 i ) Solution Actually there isn't much to do here other than add or subt

Shoppers'' stop, How should shoppers''stop develop its demand forecasts?

How should shoppers''stop develop its demand forecasts?

Mensuration, a hollow cone is cut by a plane parallel to the base and the u...

a hollow cone is cut by a plane parallel to the base and the upper portion is removed. if the volume of the frustum obtained is 26/27 of volume of the cone. find at what height abo

Find out the probability, a)  A husband and wife appear in an interview for...

a)  A husband and wife appear in an interview for two vacancies in the same post.  The probability of husband's selection is 1/7 and that of wife's selection is 1/5.  What is th

Find the probability , 1.  What is the probability that the two beverages w...

1.  What is the probability that the two beverages will be of the same kind? 2.  What is the probability that the two beverages will be different? 3.  What is the probability

Help, can you help me learn faster in school

can you help me learn faster in school

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