Disk drives 2016 Disk drives have Their capacity is now often given in terabytes (TB), where 1 TB = 1000 gigabytes, or about a trillion bytes. A search of prices for external disk drives on Amazon.com in mid-2016 found the following data: %3D Capacity (in TB) Price (in $)
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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Given
- Prices of external disk drives (dependent variable) against their Capacity in TB (independent variable).
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