t-distribution
The t-distribution is a symmetric, bell-shaped curve with heavier tails than the normal, used for inference about a mean when the population SD is unknown.
The -distribution accounts for the extra uncertainty of estimating the population standard deviation with the sample standard deviation . Its exact shape depends on the degrees of freedom: fewer degrees of freedom give fatter tails, and as they grow the curve approaches the standard normal. For example, a one-sample test with uses the model with degrees of freedom. The test statistic is , where is the sample mean and the hypothesized mean.
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