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Keynesians believe
Standard Normal Distribution
A probability distribution that has a mean of 0 and a standard deviation of 1, representing a bell-shaped curve.
99th Percentile
A value below which 99% of the data points in a data set fall, used as a measure of statistical distribution.
Z Distribution
A statistical distribution that describes the distribution of standardized values; it's used in inference regarding mean of normally distributed populations when the standard deviation is known.
Standard Deviation
A statistic that measures the dispersion or variability of a set of data points in relation to their mean, indicating how spread out the data points are.
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