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

Karls pearsons co-efficient of correlation, Aim: To test the significan...

Aim: To test the significant relationship between the accounting ratios of operating management and standard ideal ratios. Null Hypothesis(H 0 ) : There is no significa

#title., Julia must do a 70:30 split of all of her profits with the Departm...

Julia must do a 70:30 split of all of her profits with the Department of Athletics. Julia also has the ability to sell soft drinks. If she decide to sell soft drinks, she must agre

Absolute value of a number, At times we consider only the magnitude o...

At times we consider only the magnitude of the number without attaching much importance to its direction. Under these circumstances the sign attached with the num

How many 6-inch tiles are required to tile the floor, Mark intends to tile ...

Mark intends to tile a kitchen floor, which is 9 by 11 ft. How many 6-inch tiles are required to tile the floor? a. 60 b. 99 c. 396 c. Since the tiles are calculated in

Precalculus, how does sin of x equal negative 1/3

how does sin of x equal negative 1/3

Runge kutta method, As noted, Euler's method is little used in practice, as...

As noted, Euler's method is little used in practice, as there are much better ways of solving initial value problems. By better, we mean, "able to achieve a result of the same prec

Highest common factor (hcf), We know that a factor is a quantity whic...

We know that a factor is a quantity which divides the given quantity without leaving any remainder. Similar to LCM above we can find a highest common factor (HCF)

Algebra, simplify mn+mp+nq+pq /n+p

simplify mn+mp+nq+pq /n+p

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