What is the normal distribution also known as?
Gaussian distribution
What are the key characteristics of a normal distribution?
Symmetry, Mean=Median=Mode, Bell-Shaped Curve, Asymptotic, Defined by two parameters
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Flashcards about the Normal Distribution
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What is the normal distribution also known as?
Gaussian distribution
What are the key characteristics of a normal distribution?
Symmetry, Mean=Median=Mode, Bell-Shaped Curve, Asymptotic, Defined by two parameters
What does the Empirical Rule state about data spread in a normal distribution?
68% within 1 standard deviation, 95% within 2 standard deviations, 99.7% within 3 standard deviations
What is the formula for the probability density function (PDF) of a normal distribution?
f(x)=12πσ2 e−(x−μ)22σ2
What are the parameters in the normal distribution formula?
μ (mean) and σ (standard deviation)
What are the characteristics of a standard normal distribution?
μ=0 and σ=1
How do you convert a normal distribution to a standard normal distribution?
Use the z-score formula: z=x−μσ
What does a z-score indicate?
How many standard deviations an element is from the mean
What do percentiles represent?
The percentage of data below a certain point
How does adding or subtracting a constant affect a normal distribution?
Shifts the mean (μ) but doesn't affect the standard deviation (σ)
How does multiplying or dividing by a constant affect a normal distribution?
Scales both the mean and standard deviation by that constant
What does the area under the normal distribution curve represent?
Probabilities of a value falling within that range
What does the Central Limit Theorem (CLT) state?
The sampling distribution of the sample mean approaches a normal distribution as the sample size increases
Give some practical applications of Normal Distribution.
Quality Control, Standardized Testing, Natural Phenomena, Finance