What is Normal Distribution Table ?
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A standard normal table, also called the unit normal table or Z table, is a mathematical table for the values of Φ, which are the values of the cumulative distribution function of the normal distribution.
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Step-by-step explanation:
- Normal distribution tables are used in securities trading to help identify uptrends or downtrends, support or resistance levels, and other technical indicators.
- A normal distribution, sometimes called the bell curve, is a distribution that occurs naturally in many situations. For example, the bell curve is seen in tests like the SAT and GRE. ... The bell curve is symmetrical. Half of the data will fall to the left of the mean; half will fall to the right.
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