Assume a new measure of Intelligence Quotient (or IQ) has been developed. The mean IQ for the population is 100 and the standard deviation is 15. The standard deviation indicates the average distance an individual data value is from the mean is about 15 IQ points.   True or False?

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Q: What is the raw z-score?

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Confidence Intervals

When we calculate intervals in probability and statistics, it can be simply termed as finding out a confidence interval. The confidence interval is usually calculated from the data set which is observed. The value of the parameter that needs to be calculated is present here only.