Examlex
A single-payment loan is advantageous only if
Standard Normal Distribution
A probability distribution that has a mean of zero and a standard deviation of one, represented by the bell curve where most occurrences take place near the mean.
T Distribution
A distribution of probability applied to infer parameters of a population when the sample size is limited and the population's variance is not known.
Degrees Of Freedom
A statistical concept used to determine the number of independent pieces of information when estimating a parameter or fitting a model to data.
Normal Distribution
A bell-shaped frequency distribution curve, where most occurrences take place in the middle of the range and fewer occur on either side.
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