Examples of Z-Score Table
Example 1:
Imagine a group of friends and where the determined mean of money is 100, with standard deviation of 15. John has 127 rupees. Calculate z-score for John money by using the z-score table.
Solution:
John’s score = 1.8
The cumulative probability associated with Z-score of 1.8 is 0.96407.
Example 2:
Suppose you are conducting a study on the height of individuals in population. The recorded mean height is 65 inches and standard deviation is 3 inches. Paul is having height of 74 inches. Calculate the z-score for paul’s height.
Solution:
Paul’s score = 3.0
The cumulative probability associated with Z-score of 3.0 is 0.99865.
Z-Score Table : Meaning, Formula, Graph and How to use
In the realm of information, the z-score is a fundamental idea that aids in standardizing and comparing statistics and emerges as a guiding light, illuminating the path to standardized comparisons and informed decision-making. Whether you are involved in finance, science, or any discipline in which statistics evaluation is paramount, the z-score may be an effective tool and the z-score emerges as a powerful ally.
Table of Content
- What is Z-Score?
- Formula of Z-Score
- Interpretation of Z-Score
- Characteristics of Z-Score
- Graph of Z-Score
- Z-Score Table
- How to use a Z-Score Table?
- Significance of Z-Score Table
- Examples of Z-Score Table
- Conclusion
- Frequently Asked Questions (FAQs)
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