Question
(Economic Statistics)
Fill in the blanks.
Consider a sample with a mean of 500 and a standard deviation of 100. What are the z-scores for the following data values: (round to 1 decimal place)
A. 650
B. 500
C. 450

Fill in the Blanks Consider a sample with a mean of 500 and a standard deviation of 100. What are the 2-scores for the follow
0 0
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Answer #1

Z score = ( X - mean )/sd

here,

mean = 500

sd = 100

A. 650

Z score = ( X - mean )/sd

Z score = ( 650 - 500 )/100

Z score = 150/100

Z score = 1.5

B. 500

Z score = ( X - mean )/sd

Z score = ( 500 - 500 )/100

Z score = 0/100

Z score = 0

C. 450

Z score = ( X - mean )/sd

Z score = ( 450 - 500 )/100

Z score = -50/100

Z score = -0.5

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