Let’s check out three ways to look at z-scores.ġ. We can answer all of these questions in a compelling way using Z-scores.Ī Z-score is a standardized number that tells you how far away a given data point is from the mean. Your niece was just born weighing 6.9 pounds. Is this salary high? Low? How does it compare to the incomes of other recent college graduates? You get offered a job out of college at a salary of $42,000 a year.
How does Squid Game’s viewership compare to other popular series? The Netflix series Squid Game drew 111 million views in its first month on the streaming service. Life is full of instances where we want to compare an observed value against the norm. Why Z-scores Are so Important: Z-scores and Probabilities