0.01, The test statistic is t=1.23 The p-value is (Round to four decimal places as nee
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.
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A university would like to examine the linear relationship between a faculty member's performance rating (measured on a scale of 1-20) and his or her annual salary increase. The table to the right shows these data for eight randomly selected faculty members.
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Increase
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Rating
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Increase
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17
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$2300
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16
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$2100
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18
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$2500
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14
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$2700
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12
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$1700
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16
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$1900
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14
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$1600
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16
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$1900
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