Mean $= 7 \quad \sigma^2 = 12.405 \quad \sigma \approx 3.522$When Using The Formula $z_x = \frac{x - \mu}{\sigma}$ For The $z$-score Of The 11.7 Data Point, Calculate The $z$-score.

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Introduction

In statistics, the z-score is a measure used to determine how many standard deviations an element is from the mean. It is calculated using the formula zx=x−μσz_x = \frac{x - \mu}{\sigma}, where xx is the value of the element, μ\mu is the mean, and σ\sigma is the standard deviation. In this article, we will use the given values of μ=7\mu = 7 and σ2=12.405\sigma^2 = 12.405 to calculate the z-score of the 11.7 data point.

Calculating the Standard Deviation

Before we can calculate the z-score, we need to find the standard deviation σ\sigma. The standard deviation is the square root of the variance σ2\sigma^2. In this case, we are given the variance σ2=12.405\sigma^2 = 12.405. To find the standard deviation, we take the square root of the variance.

σ=σ2=12.405≈3.522\sigma = \sqrt{\sigma^2} = \sqrt{12.405} \approx 3.522

Applying the z-Score Formula

Now that we have the standard deviation, we can use the z-score formula to calculate the z-score of the 11.7 data point.

zx=x−μσ=11.7−73.522≈4.73.522≈1.336z_x = \frac{x - \mu}{\sigma} = \frac{11.7 - 7}{3.522} \approx \frac{4.7}{3.522} \approx 1.336

Interpretation of the z-Score

The z-score tells us how many standard deviations away from the mean the data point is. In this case, the z-score is approximately 1.336, which means that the data point is approximately 1.336 standard deviations away from the mean.

Conclusion

In this article, we used the given values of μ=7\mu = 7 and σ2=12.405\sigma^2 = 12.405 to calculate the z-score of the 11.7 data point. We first found the standard deviation σ\sigma by taking the square root of the variance σ2\sigma^2. Then, we applied the z-score formula to calculate the z-score. Finally, we interpreted the z-score to understand how many standard deviations away from the mean the data point is.

Example Use Cases

The z-score formula has many practical applications in statistics and data analysis. Here are a few example use cases:

  • Identifying outliers: By calculating the z-score of a data point, we can determine if it is an outlier. If the z-score is greater than 2 or less than -2, the data point is likely an outlier.
  • Comparing data points: By calculating the z-score of two or more data points, we can compare them to see how many standard deviations away from the mean they are.
  • Understanding data distributions: By calculating the z-score of a data point, we can understand the distribution of the data. If the z-score is close to 0, the data point is likely to be near the mean. If the z-score is far from 0, the data point is likely to be far from the mean.

Common Mistakes to Avoid

When calculating the z-score, there are a few common mistakes to avoid:

  • Using the wrong formula: Make sure to use the correct formula zx=x−μσz_x = \frac{x - \mu}{\sigma}.
  • Rounding errors: Be careful when rounding numbers to avoid introducing errors.
  • Not checking units: Make sure to check the units of the data to ensure that they are consistent.

Conclusion

Q: What is a z-score?

A: A z-score is a measure used to determine how many standard deviations an element is from the mean. It is calculated using the formula zx=x−μσz_x = \frac{x - \mu}{\sigma}, where xx is the value of the element, μ\mu is the mean, and σ\sigma is the standard deviation.

Q: Why is the z-score important?

A: The z-score is important because it helps us understand how many standard deviations away from the mean a data point is. This can be useful in identifying outliers, comparing data points, and understanding data distributions.

Q: How do I calculate the z-score?

A: To calculate the z-score, you need to use the formula zx=x−μσz_x = \frac{x - \mu}{\sigma}. You will need to know the value of the element xx, the mean μ\mu, and the standard deviation σ\sigma.

Q: What is the difference between a z-score and a standard deviation?

A: A z-score tells us how many standard deviations away from the mean a data point is, while a standard deviation tells us the amount of variation in a dataset.

Q: Can I use the z-score formula for any type of data?

A: No, the z-score formula is typically used for continuous data. If you are working with categorical data, you may need to use a different type of analysis.

Q: How do I interpret a z-score?

A: A z-score can be interpreted in the following ways:

  • A z-score of 0 means that the data point is at the mean.
  • A positive z-score means that the data point is above the mean.
  • A negative z-score means that the data point is below the mean.
  • A z-score of 1 or -1 means that the data point is 1 standard deviation away from the mean.
  • A z-score of 2 or -2 means that the data point is 2 standard deviations away from the mean.

Q: Can I use the z-score formula to compare data points from different datasets?

A: No, the z-score formula is typically used to compare data points within the same dataset. If you want to compare data points from different datasets, you may need to use a different type of analysis.

Q: What are some common mistakes to avoid when calculating the z-score?

A: Some common mistakes to avoid when calculating the z-score include:

  • Using the wrong formula
  • Rounding errors
  • Not checking units
  • Not using the correct values for the mean and standard deviation

Q: Can I use the z-score formula to identify outliers?

A: Yes, you can use the z-score formula to identify outliers. If the z-score is greater than 2 or less than -2, the data point is likely an outlier.

Q: What are some real-world applications of the z-score formula?

A: The z-score formula has many real-world applications, including:

  • Identifying outliers in financial data
  • Comparing data points in quality control
  • Understanding data distributions in marketing research
  • Identifying trends in medical data

Conclusion

In conclusion, the z-score formula is a powerful tool in statistics and data analysis. By understanding how to calculate the z-score, you can gain insights into the distribution of data and make informed decisions. Remember to use the correct formula, be careful with rounding errors, and check units to avoid common mistakes.