Advertising

Standard normal distribution or standardized normal distribution

• Occurs when the underlying normal distribution is converted by changing its scale. The importance of this is that different normal distributions can now be compared to one another. Otherwise, separate tables of values would have to be generated for each pairing of mean and standard deviation values. This standardized variate term is often expressed as Z is N(0,1), or Z is a normal distribution with a mean value of zero and variance equal to one.

 
 Embedded terms in definition
 Distributions
Distribution
Its
Mean
Normal distribution
Scale
Standard deviation
Underlying
Variance
Z
 
 Related Terms
 

<< Standard industrial classification code Standardized normal distribution >>

Ways to Cope Financially During and After a Big Change: Here are suggestions for staying focused and avoiding costly decisions during changing times. More...

When a true genius appears in the world you may know him by this sign: that all the dunces are in confederacy against him. - Johnathan Swift

Advertising



Copyright 2009-2018 GVC. All rights reserved.