The t Distribution
Normal distribution
a symmetric continuous distribution, has two parameters, the mean and
std
Normal distribution
a symmetric continuous distribution, has two parameters, the mean and
std
Standard Normal distribution
a Normal distribution with mean = 0 and std = 1
The Standard Normal Distribution
It is symmetric about zero with a fixed standard deviation = 1
The t Distribution, aka the Student’s t Distribution
A symmetric distribution centered at zero
The t Distribution, aka the Student’s t Distribution
A symmetric distribution centered at zero
Has a single parameter called the degrees of freedom or df
The t Distribution, aka the Student’s t Distribution
A symmetric distribution centered at zero
Has a single parameter called the degrees of freedom or df
The t Distribution
Does not have any standalone business application
Used as an interim tool to calculate confidence intervals and hypothesis
testing
The t Distribution
Does not have any standalone business application
Used as an interim tool to calculate confidence intervals and hypothesis
testing
Has an associated probability density function
The t Distribution
Does not have any standalone business application
Used as an interim tool to calculate confidence intervals and hypothesis
testing
Has an associated probability density function
Associated Excel functions are the =T.DIST and =T.INV
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
The t Distribution, T.DIST function
Syntax:
=T.DIST(x, df, TRUE)
The t Distribution, T.DIST function
Syntax:
=T.DIST(x, df, TRUE)
=T.DIST(1.3, 21, TRUE)
The t Distribution, T.DIST function
Syntax:
=T.DIST(x, df, TRUE)
=T.DIST(1.3, 21, TRUE)
The t Distribution, T.DIST function
1.3
The t Distribution, T.DIST function
= 1 - T.DIST(1.3,21,TRUE)
= 0.1038
1.3
The t Distribution, T.DIST function
= T.DIST(1.3,21,TRUE) - T.DIST(-1,21,TRUE)
= 0.7318
1.3
The t Distribution, T.DIST function
Syntax:
=T.DIST(x, df, TRUE)
We will never use the T.DIST function
with the “FALSE” option
The t Distribution, degrees of freedom
The t Distribution, degrees of freedom
It is the parameter of the t-distribution
The t Distribution, degrees of freedom
It is the parameter of the t-distribution
A mathematical constraint imposed by the data
The t Distribution, degrees of freedom
It is the parameter of the t-distribution
A mathematical constraint imposed by the data
linked to size of data being used
larger set of data would have greater degrees of freedom
as degrees of freedom increase the t-distribution becomes closer and
closer to the standard normal distribution
