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Learn/AI/Statistics
AI•Statistics

Distribution

What is

Normal Distribution?

What is

Margin of Error?

What is

Skewness?

What is

Kurtosis?

Normal Distribution

The

Formula

Normal Distribution Curve is a bell - shaped curve.

Each band of the curve has a width of 1 Standard Deviation

Each band of the curve has a width of 1 Standard deviation from the Mean Value.

Values less than

1 Standard Deviation away account for 68.27%.

Values less than

2 standard deviations away account for 95.45%.

Values less than

3 standard deviations away account for 99.73%.

What does it mean?

Most observations are within 1 standard deviation from the mean. Almost all observations are within 2 standard deviations. Practically all observations are within 3 standard deviations.

Normal Distribution Facts

Normal distribution is

Symmetric. The peak always divides the distribution in half.

Normal distribution is a

Probability distribution. A lot of observations follow the normal distribution:

Your IQ

Your Weight

Your Height

Your Salary

Your Blood Pressure

Normal distribution shows that values near the mean are more frequent than values far from the mean:

Distance from the Mean Value

Percentage of the Population

1 Standard deviation 68.27% 2 Standard deviations 95.45% 3 Standard deviations 99.73%

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Statistic Variability (Spread)

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Probability