pose that Tom is graduating with a CGPA a starting salary (in thousand dollars). A 95% prediction interval for the above il A 95% prediction interval for the above wl
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
![Suppose that Tom is graduating with a CGPA of 3.5, construct a 95% prediction interval for
his starting salary (in thousand dollars).
A 95% prediction interval for the above will be [13.63, 18.47]
b.
A 95% prediction interval for the above will be [10.63, 13.47]
A 95% prediction interval for the above will be [8.63, 13.47]
d.
A 95% prediction interval for the above will be [9.63, 13.47]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F50a028dc-c0bd-4080-ae59-e06b3cd60105%2F626d4145-52af-4fff-8278-576fdec7fc99%2Fsgk0ell_processed.png&w=3840&q=75)
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