1.) State whether this statement below is true or false? (Explain why)
Statement:
"T distribution is symmetric around zero"
When we use the sample standard deviation s in place of the population standard deviation to standardize the sample mean, we get an entirely new distribution - one that is similar to the normal distribution, but has greater spread.
This distribution is known as the t-distribution. A t-distribution has a bell shape. However, its tails are thicker than the normal model's.
We can see that a greater proportion of the area under the t-distribution is beyond 2 standard units from 0 than under the normal distribution.
The t-distribution, always centered at zero, has a single parameter: degrees of freedom.
Hence true
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