Z-score Formula:
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A Z-score measures how many standard deviations an element is from the sample mean. It standardizes different data points to allow comparison across different distributions.
The calculator uses the Z-score formula:
Where:
Explanation: The Z-score transforms data onto a standard scale where the mean is 0 and standard deviation is 1.
Details: Z-scores are crucial in statistics for comparing values from different normal distributions, identifying outliers, and standardizing scores.
Tips: Enter the raw value, sample mean, and sample standard deviation. Standard deviation must be greater than 0.
Q1: What does a Z-score of 0 mean?
A: A Z-score of 0 means the value is exactly at the mean of the sample.
Q2: What is considered a significant 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: What's the difference between population and sample Z-scores?
A: Population Z-scores use population parameters (μ, σ) while sample Z-scores use sample statistics (x̄, s).
Q5: How are Z-scores used in real-world applications?
A: They're used in standardized testing, quality control, finance (risk management), and medical measurements.