T-Distribution

Introduction: In the realm of statistics, the T-distribution, also known as Student's T-Distribution, stands as a fundamental tool for making inferences about population means when the sample size is small. Introduced by William Sealy Gosset in the early 20th century, this distribution has found extensive applications in various fields, including physics, finance, and medical research. In this comprehensive guide, we will unravel the intricacies of the T-distribution, exploring its definition, properties, and practical applications to equip you with the knowledge needed to utilize it effectively in statistical analysis. Understanding the T-Distribution:  Definition: The T-distribution is a probability [...]