Question
offer an example of something that should follow a normal distribution. Don't use examples discussed in the notes. Normal distributions,though,are rarely standard;most distributions deviate from
offer an example of something that should follow a normal distribution. Don't use examples discussed in the notes.
Normal distributions,though,are rarely standard;most distributions deviate from the standard normal.For your responses,come up with a reason why another'snormal distribution example isn't standard using either kurtosis or skew.
For example, if someone suggested home prices as a normal distribution, you might argue that because there's a natural minimum for home prices (as a home must be a minimum size) but a maximum that can be way out there, the distribution will have a positive skew. (You can see this in the example data for lecture 8).
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