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Shane spends most of his free time participating in extreme sports and traveling to exotic locations with a group of close friends who share his interests and opinions about most things. This is a description of Shane's
Standard Normal
Refers to a normal distribution with a mean of 0 and a standard deviation of 1, used as a basis for comparing and standardizing normal distributions.
Random Variable
A variable whose outcomes depend on the results of a random phenomenon.
Normally Distributed
Refers to a data distribution that follows a bell-shaped curve, characterized by data clustering around a mean or central value.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values; a low standard deviation indicates that the values tend to be close to the mean, while a high standard deviation indicates that the values are spread out over a wider range.
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