Reading and Understanding Normal Distributions on z-score


Statistical models are used to identify, analyze, and quantify the potential risks by using the probability theory. This will enable engineers to understand the risks induced in a specific project, and subsequently prepares those same engineers to take effective measures to mitigate the risks as much as possible.

Note: We are going to use two different Normal Distribution formulas. The Standard Normal Distribution and the (Unstandard) Normal Distribution.


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