Question

Explain the concept, properties and uses of z scores.

28 Jul 2022
Answer :
Word Count : 368

Z-scores can be positive or negative. The sign tells you whether the observation is above or below the mean. For example, a z-score of +2 indicates that the data point falls two standard deviations above the mean, while a -2 signifies it is two standard deviations below the mean. A z-score of zero equals the mean. Statisticians also refer to z-scores as standard scores, and I’ll use those terms interchangeably.

The formula for finding z-scores is the following:

X represents the data point of interest. Mu and sigma represent the mean and standard deviation for _____ _______ ____ _________ _____ _______ ______ ______ ___ ____ ________ _____.
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