To understand what a z-score is, we need to know that it is a statistical measurement that describes a value's relationship to the mean of a group of values
step 2
The z-score is calculated using the formula: z=σ(X−μ) where X is the value being measured, μ is the mean of the data set, and σ is the standard deviation of the data set
step 3
A z-score tells us how many standard deviations away from the mean the value X is. If the z-score is 0, it means X is exactly at the mean. A positive z-score indicates X is above the mean, and a negative z-score indicates X is below the mean
Answer
The z-score is a measure of how many standard deviations a data point is from the mean.
Key Concept
Z-score
Explanation
A z-score quantifies the number of standard deviations a data point is from the mean of its data set.