Where \(X\) is a normally distributed random variable with mean \(\mu\) and standard deviation \(\sigma\). The peak of the curve occurs at \(x=\mu\), and the spread ...
This video describes the central limit theorem and some properties of the normal distribution. Understanding this will help you tie together many of the different types of hypothesis tests and ...
The median is known as a measure of location; that is, it tells us where the data are. As stated in , we do not need to know all the exact values to calculate the median; if we made the smallest value ...
Percentiles are an important statistical tool used to understand the distribution of data. They indicate the relative standing of a particular value within a data set. In this article, we will delve ...
The normal distribution (also known as the Gaussian distribution) is arguably the most important distribution in Statistics. It is often used to represent continuous random variables occurring in ...
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