EC 285 - Ch. 06 - The Normal Distribution
EC 285 - Chapter 6 - The Normal Distribution
Textbook: Introductory Business Statistics 2e (OpenStax), Chapter 6 · Slides: Chapter 6 slides
Covered in class: Tue Oct 20, Thu Oct 22
Goals (from the slides)
- Normal probability density and cumulative distribution
- Standardizing to Z and reading the standard normal table
- The normality assumption
- Linear functions of random variables; sums and differences of RVs
- Jointly distributed continuous RVs, covariance and correlation, linear combinations