Solution: To find the z-score, we use the formula: z = (x - mean) / standard deviation. What is the z-score for an employee who earns $60,000? The z-score for a student who is 70 inches tall is 1.67, which means that this student's height is 1.67 standard deviations above the mean height of the group.Ī company has 100 employees, with an average salary of $50,000 and a standard deviation of $5,000. What is the z-score for a student who is 70 inches tall? The mean height of a group of students is 65 inches, with a standard deviation of 3 inches. Here are some common z-score problems with detailed explanations: Z-scores are a powerful tool for analyzing data by standardizing the data points to a common scale. The normal distribution is a probability distribution that is often used to model real-world phenomena, and z-scores allow us to convert any normal distribution into a standard normal distribution with a mean of zero and an SD (standard deviation) of one. Q: What is the relationship between z-scores and normal distribution?Ī: Z-scores are used in conjunction with the normal distribution to standardize and compare data across different datasets. These data points are considered to be extreme values and may be due to measurement error or other factors that are not representative of the dataset as a whole. Q: How do you use z-scores to identify outliers?Ī: Z-scores can be used to identify outliers by looking for data points that are more than 3 standard deviations away from the mean. This means that the data point is below average and further away from the mean in the negative direction. For example, if your data point is in cell A1, and your mean and standard deviation are in cells B1 and C1, respectively, the formula would be: =(A1-B1)/C1.Ī: Yes, a z-score can be negative if the data point is below the mean. Q: How do you calculate a z-score in Excel?Ī: You can calculate a z-score in Excel using the formula: = (data point - mean) / standard deviation. This means that the data point is significantly different from the mean at a 95% confidence level. Furthermore, the magnitude of the z-score quantifies the distance between the data point and the mean in terms of standard deviations.Ī: A z-score of +/- 1.96 or greater is considered statistically significant at the 5% level of significance (i.e., p < 0.05). When the z-score is positive, it signifies that the data point lies above the mean, and when the z-score is negative, it denotes that the data point is below the mean. By standardizing the data, we can make meaningful comparisons and identify outliers and extreme values.Ī: A z-score of 0 indicates that the data point corresponds to the mean. The z-score is obtained by taking the difference between the data point and the mean, and dividing it by the standard deviation.Ī: Z-scores are useful because they allow us to compare data points from different datasets that have different scales and units of measurement. George did better than 150 students.Ī: A z-score is a statistical measure that tells us how many standard deviations a data point is from the mean of a dataset. This means that almost 75% of the students scored lower than George and only 25% scored higher. Multiply this number by 100 to get percentages. Then go to the x axis to find the second decimal number (0.07 in this case). Find the first two digits on the y axis (0.6 in our example). For George’s example we need to use the 2nd table as his test result corresponds to a positive z-score of 0.67.įinding a corresponding probability is fairly easy. If a z-score calculation yields a negative standardized score refer to the 1st table, when positive used the 2nd table. If you noticed there are two z-tables with negative and positive values. standard normal distribution table) comes handy. Now, in order to figure out how well George did on the test we need to determine the percentage of his peers who go higher and lower scores.
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