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Fill in the following blanks.

(a) A standardized variable always has mean _____ and standard deviation _______ .

(b) The z-score corresponding to an observed value of a variable tells you ______ .

(c) A positive z-score indicates that the observation is ______ the mean, whereas a negative z-score indicates that the observation is _______ the mean.

Short Answer

Expert verified

(a) A standardized variable always has a mean of 0 and a standard deviation of 1.

(b) The Z-score corresponding to an observed value of a variable tells you standard normal score

(c) A positive Z-score indicates that the observation is to right of the mean, whereas a negative z-score indicates that the observation is to the left of the mean

Step by step solution

01

Part(a) Step 1: Given information 

We need to fill up blanks.

02

Part(a) Step 2: Explanation

A standardized variable for normal variable X is

Z=(x-μ)/σ

will be normal with mean =0 and sigma = 1

Hence the answers would be: A standardized variable always has a mean of localid="1650969241601" 0and a standard deviation of localid="1650969235618" 1.

03

Part(b) step 1: Given information 

We need to fill in blanks.

04

Part(b) Step 2: Explanation

In statistics, Z-score is a numerical measurement of a value's relationship to the mean (average) of a collection of values, expressed in standard deviations from the mean.

Z=(x-μ)/σ

Hence answer would be, The localid="1651207203447" Z-score corresponding to an observed value of a variable tells you standard normal score

05

Part(c) Step 1: Given information

We need to fill in blanks.

06

Part(c) Step 2: Explanation

We know formula of Z-score is Z=(x-μ)/σ

Hence answer is

A positive Z-score indicates that the observation is to right of the mean, whereas a negative Z-score indicates that the observation is to the left of the mean

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