The major difference between Normal and standard distribution is in standard distribution the mean will be zero and standard deviation will be one where in normal distribution both mean and standard deviation will be one. Below is the sample image that represents standard normal distribution. Source homeworkfactory Now from the above standard Normal distribution. whatContinue reading “Standardization Normal distribution or Z-Distribution”
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Normal distribution and exercise
In normal distribution standard deviation will be one and mean will be greater than zero, where in standard normal distribution mean will be zero and standard deviation will be one. We can very well convert normal distribution to standard/Z distribution with below formula.Because Z table is very easy to find the probability area. We haveContinue reading “Normal distribution and exercise”
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