Application of Normal Distribution [In Real Life] ... Application of Normal Probability Distribution
In this video you will get elementary understanding of application of normal probability distribution. It is one of the types of continuous probability distribution.
A real-life application of solving a business problem using the normal probability distribution is discussed.
The tutorial also tries to clarify certain concepts around standard deviation, z-tables, z-transformation and confidence interval.
Additionally, the tutorial also imparts knowledge on how to use the functionality in Excel instead of referring to the cumbersome z-tables in Statistics books.
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