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Distinguish between binomial distribution and normal distribution?
Normal distribution is the continuous probability distribution defined by the probability density function. While the binomial distribution is discrete.
Can one normal good be a substitute for another normal good?
yes
Standard normal distribution formula?
There is the normal probability density function (pdf) which is given in the attached link. The normal probability cumulative distribution function (cdf) is used to calculate probabilities, and there is no closed form equation for this. Many statistical programs have the cdf built in. Some references are given at the end of the link to find approximate cdf. The cdf, is usually written F(x) and the pdf f(x). F(x) is the integral of f(x) from minus infinity to x.
What are the types of income distribution?
Personal income distribution and functional income distribution :)
What is another name for a capitalist economy?
Another name of capitalism is "communist"
What does normal distribution mean in maths?
It is another name for the Gaussian distribution.
Another name for a standardized value of an observation in a normal distribution?
zscore
Is A normal distribution is any distribution that is not unusual?
No, it is the name given to the Gaussian distribution.
What is a normal distribution graph called?
It has no special name - other than a normal (or Gaussian) distribution graph.
What is the difference between a normal distribution and the standard normal distribution?
The standard normal distribution is a normal distribution with mean 0 and variance 1.
What is the difference of a normal distribution and a stardard normal distribution?
The standard normal distribution is a special case of the normal distribution. The standard normal has mean 0 and variance 1.
Is continuous distribution normal distribution?
le standard normal distribution is a normal distribution who has mean 0 and variance 1
When can you say the distribution is considered normal?
When its probability distribution the standard normal distribution.
Why is the Normal Distribution called normal?
Suppose you could call it the Gaussian Distribution or the Laplace-Gauss (not to be confused with the Laplace distribution which takes an absolute difference from the mean rather than a squared error)... however the Brits had no one to name this distribution after (not the German and French names) and because it is the ubiquitous distribution they just called it... well the NORMAL!!
Does a normal probability distribution include a bimodal distribution?
No, the normal distribution is strictly unimodal.
Is the normal distribution infinite?
The domain of the normal distribution is infinite.
Is normal distribution also a probability distribution?
Yes. When we refer to the normal distribution, we are referring to a probability distribution. When we specify the equation of a continuous distribution, such as the normal distribution, we refer to the equation as a probability density function.
