Fair Lending Statistics 101: How Distributions Are Used in Fair Lending

Fair Lending  ยป  Fair Lending Statistics 101: How Distributions Are Used in Fair Lending


This is the second video in our series reviewing statistical concepts that are fundamental to fair lending analysis.

In the first part of the series, we described a distribution as an approximation of a histogram of data. In this video, we explore how we use our knowledge of distributions in fair lending.

Specifically, we explain why understanding distributions is fundamental to understanding z-scores, p-values and statistical significance.

The next video in the series describes the differences between z-scores and t-scores and how to select the appropriate statistic for analysis.


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