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Standard Normal Variable
A random variable that has been normalized so that it has a mean of 0 and a standard deviation of 1, following the standard normal distribution.
Symmetrical Area
A region in a distribution curve where data are evenly distributed on both sides of a central point, indicating balance and uniformity.
Z Score
Another term for Z-score, indicating how far, in standard deviations, a data point is from the average of a set of data.
Standard Normal Random Variable
Represents a normal distribution with a mean of zero and a standard deviation of one, used in many statistical applications.
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