Z Score - Normal Distribution
-> We are going to have a deep discussion on the Z score. But right before that, we need to understand what a normal distribution and a standard normal distribution are. What is a distribution? A distribution in statistics is a function that shows the possible values for a variable and how often they occur. it may occur with various different values like age, height, the weight of people. What is a Normal distribution? The normal distribution is a distribution that is symmetric about the mean(mean is nothing but average of all the observations). Most of the observations in the normal distribution are surrounded by the mean. What is a standard normal distribution? The standard normal distribution is a normal distribution whose mean and standard deviation are scaled at 0 and 1 respectively. Z score can only be calculated for the observations which follow a normal distribution. What is a Z score? A Z-score is a numerical measurement that describes a value’s relationship to the mea...