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Statistics and Probability Videos 134 videos
Statistics, Data, and Probability I: Drill Set 3, Problem 4. How many different avatars can be created based on the given options?
Statistics, Data, and Probability II Drill 3 Problem 2. Which two sports together make up for the preferences of more than half of all those w...
Z-Scores 559 Views
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Transcript
- 00:07
Z-Scores! Uh, no. Z-Scores! Uh, no we don't just have an accent when we're saying it.
- 00:14
It really is Z-Scores. All right, so, let's get to zhe problem.
- 00:19
What are Z-Scores, and where does the catchy name come from?
- 00:23
The Z in Z-Scores refers to the Z distribution,
- 00:27
another name for the normal distribution. Distant cousin of the...
Full Transcript
- 00:31
weird distribution. That's because Z-Scores tell us how many standard deviations...
- 00:37
a data point is above or below an average, when placed on a...
- 00:43
standard normal curve, or a curve with a mean zero and standard deviation of one. It looks like...
- 00:49
this. What's useful about these Z-Scores is that we can use our handy-dandy...
- 00:55
probability Z-Score chart to find the probability under the curve of any specific data point.
- 01:01
And this is super useful, because we can find the likelihood of a specific data point occurring, just by...
- 01:07
knowing its Z-Score. But the data we're given sometimes doesn't come from a standard normal distribution,
- 01:13
which means we have to standardize our data first before we can use our chart. Now here's a formula to...
- 01:19
help us standardize our data. Z equals the point we're interested in. X - μ,
- 01:25
the mean, all over the standard deviation. This squiggly line thing here is standard deviation.
- 01:31
Suppose we had a patient take a reading abilities test.
- 01:37
The patient scores a 46 on the test, and the mean of the test scores is 52. With a standard...
- 01:43
deviation of four. Got it? Well, we want to find the percentile of the...
- 01:49
patient's score. First, we have to standardize the data, and we'd use our little handy-dandy formula...
- 01:55
and plug in some numbers. We get Z equals 46 minus 52 over 4, which is negative...
- 02:01
six over four, which is negative three halves, or negative 1.5. A negative...
- 02:07
Z-Score means our point is left of, or smaller than,
- 02:11
the mean, while a positive Z-Score means our...
- 02:14
number is to the right of, or larger than, the mean.
- 02:17
Well, yeah, we already knew that when we were told that...
- 02:20
our point was 46 and our mean was 52.
- 02:23
We figured that out okay. Our Z-Score is negative 1.5, so we can look at our chart, and we see that our...
- 02:29
percentage is 0.0668, or the 6.68th percentile.
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