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How To Find The Z Value In Excel

Z Score in Excel

Excel Z Score (Table of Contents)

  • Z Score in Excel
  • How to Calculate Z Score in Excel?

Z Score in Excel

Z Score is used for statistical measurement. It is also known equally a standard score. The value of the Z score is the measurement of the number of standard deviations a specific number is above or below a mean.

The below formula is used to calculate the Z score:

Z = (x- µ) / σ

Where the supplied arguments are equally below:

  • Z = It denotes the Z score value.
  • X = The value to be standardized.
  • µ = Mean of the given data fix values.
  • σ = Standard divergence of the given data set up values.

How to Calculate Z Score in Excel?

Calculation of Z Score in excel is very unproblematic and like shooting fish in a barrel. Allow's sympathise how to calculate the Z score in excel with some examples.

You can download this Z Score Excel Template here – Z Score Excel Template

Excel Z Score – Example #1

We take given marks of some students every bit below:

Z Score Example 1-1

At present for calculating Z Score, we demand to find out the Mean and standard deviation of the given dataset in excel.

Hateful (or Average) calculation:

For finding the average, follow the below steps:

Step one – Go to the Formulas tab. Click on More Functions options under the Functions Library section.

Z Score Example 1-2

Pace two – At present click on the Statistical functions category from the drop-down list. It will once more open a list of functions. Click on the Boilerplate role every bit shown below.

Z Score Example 1-3

Step 3 – It will open a Part Arguments dialog box. Enter the Range from Cells B4:B13 under field Number1 and click on OK.

Z Score Example 1-4

  • Information technology volition requite you the Boilerplate or Mean value.

Z Score Example 1-5

Standard Difference calculation:

For finding the standard deviation, follow the below steps:

Step 1 – Go to the Formulas tab. Click on More Functions under the Function Library section.

Z Score Example 1-6

Pace 2 – Click on the Statistical Office category from the drop-down list. It will open a list of functions. Click on STDEVPA from the list every bit shown in the below screenshot.

Z Score Example 1-7

Step 3 – Information technology will open a Function Arguments dialog box. Enter the cells range from B4:B13 under field Value1 and click on OK.

Z Score Example 1-8

  • It volition give you the standard deviation value.

Z Score Example 1-9

At present we take to summate the Z score values in excel. For this, follow the beneath screenshots:

  • Go to the FORMULAS tab. Click on the More Functions pick under the Function Library section.

Z Score Example 1-10

  • Then a driblet-down list of functions will open up. Click on Statistical functions from the list. It volition open a list of functions. Click on STANDARDIZE function from the list every bit per the below screenshot.

Z Score Example 1-11

  • Then it will open a Function Arguments dialog box. Enter the Cell value B4 under field X.

Z Score Example 1-12

  • Enter the Mean value in the second field, Mean, which is mentioned under Prison cell B15.

Z Score Example 1-13

  • Enter the Standard Deviation value in the third field, Standard_dev, which is mentioned under Jail cell B16. Click on OK.

Z Score Example 1-14

  • The result will be as given below.

Z Score Example 1-15

  • Elevate this formula for the rest values, and it volition pop upward the Z score values in excel equally shown below:

Z Score Example 1-16

Caption

  • If nosotros clarify the data, the highest Z score value is 2.082778, which is the Z score value of Nick Brown, who has achieved the highest score in the exam.
  • The smallest Z score value is -0.98521, which is the lowest Z score value of Adrian Steve, who has achieved the lowest score in the exam.
  • At that place can exist positive and negative values in Z scores.
  • Students who have accomplished scores more than the hateful value go positive Z scores.
  • Students who have achieved scores less than the hateful value get negative Z scores.
  • If the Z score is zero, that ways the educatee's score is the same as the mean value.

Excel Z Score – Example #two

We take given the below data values.

Example 2

To calculate the Z score or standard score, we demand to make up one's mind the kickoff hateful and standard divergence in excel.

  • Allow'southward employ the AVERAGE formula for calculating the mean of the given dataset.

Calculation of Mean

  • Information technology will requite y'all the Average or Mean value.

Result of Mean

For calculating standard deviation, let's apply the STDEVPA function for the given data values as per the below screenshot.

Calculation of Standard Deviation

  • It will requite you the standard deviation value.

Result of Standard Deviation

  • Now nosotros volition calculate Z score values in excel. For this, apply the STANDARDIZE function for the given information values as per the below screenshot.

Calculation of STANDARDIZE function

  • The result will be as given beneath.

Result of STANDARDIZE function

  • Drag this formula for the rest values. The Final issue is given below:

Result of Example 2

Every bit we can see, the positive value of Z scores are higher than the mean value, and the negative value of Z scores are lower than the mean value.

Things to Remember

  • The Z score tells u.s. a number of standard deviations that are away from the mean of the distribution or dataset.
  • The data values which are higher than the mean Z score will be a positive value.
  • Data values which are below the hateful Z score will be a negative value.
  • The z score value is probably used for statistical analysis.

Recommended Manufactures

This has been a guide to Z Score in Excel. Here we discuss how to summate Z Score in excel along with practical examples and a downloadable excel template. You can as well go through our other suggested articles –

  1. Excel AVERAGE Role
  2. Standard Deviation in Excel
  3. Z TEST in Excel
  4. Excel Frequency Distribution

Source: https://www.educba.com/z-score-in-excel/

Posted by: fultonvellut.blogspot.com

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