Chi-Square Distribution ($\chi^2$)

The Chi-square distribution is a continuous probability distribution that is used in many hypothesis tests. The Chi-Square statistic always results in a positive value. A Chi-Square variate (with $v$ degrees of freedom (df)) is the sum of $v$ independent, squared standard normal variates ($\sum\limits_{i=1}^v z_i^2$). It is denoted by $\chi^2_v$. …

Read Complete Post

The Z-Score Definition, Formula, Real Life Examples (2020)

Z-Score Definition: The Z-Score also referred to as standardized raw scores is a useful statistic because not only permits to computation of the probability (chances or likelihood) of the raw score (occurring within normal distribution) but also helps to compare two raw scores from different normal distributions. The Z score …

Read Complete Post

Standard Normal Table

A standard normal table, also called the unit normal table or Z-table, is a table for the values of Φ calculated mathematically, and these are the values from the cumulative normal distribution function. A standard normal distribution table is used to find the probability that a statistic is observed below, …

Read Complete Post