Standard normal distribution
1. State two ways in which the standard normal distribution and the Student's t-distribution are alike.
2. State two ways in which the standard normal distribution and the Student's t-distribution are different.
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We estimate the mean price of a cell phone in the Bay Area using a 95% level of confidence. From a random sample of 25 stores the mean price was found to be $150 with a standard deviation of $15
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State two ways in which the standard normal distribution and the Student's t-distribution are alike. State two ways in which the standard normal distribution and the Student's t-distribution are different.
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