Z-Score Formula:
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The Z-Score (standard score) measures how many standard deviations an element is from the mean. It allows comparison of scores from different normal distributions.
The calculator uses the Z-Score formula:
Where:
Explanation: The Z-Score indicates how far and in what direction a value deviates from the mean, measured in standard deviations.
Details: Z-Scores are crucial in statistics for comparing different data points across different distributions, identifying outliers, and standardizing scores for comparison.
Tips: Enter the value you want to analyze, the population mean, and the population standard deviation. Standard deviation must be greater than zero.
Q1: What does a Z-Score of 0 mean?
A: A Z-Score of 0 indicates the value is exactly equal to the mean.
Q2: What is considered a "high" Z-Score?
A: Typically, Z-Scores beyond ±2 are considered unusual, and beyond ±3 are very unusual.
Q3: Can Z-Scores be negative?
A: Yes, negative Z-Scores indicate values below the mean.
Q4: How is Z-Score different from T-Score?
A: T-Scores are a type of standardized score with a mean of 50 and standard deviation of 10, while Z-Scores use mean 0 and SD 1.
Q5: Where are Z-Scores commonly used?
A: In quality control, finance (Altman Z-Score), standardized testing, and scientific research.