In your own words, explain the concept of degrees of freedom as it relates to t-distributions, including

Question:

In your own words, explain the concept of degrees of freedom as it relates to t-distributions, including discussion of how a t-distribution begins to look like a normal distribution as the degrees of freedom change.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...

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