Calculate Z-Scores With Excel: A Comprehensive Guide
To find the Z-score using Excel, utilize the NORM.S.DIST function. Enter your data point and use the formula NORM.S.DIST(data point, mean, standard deviation, cumulative). The result represents the Z-score, which measures the standard deviation from the mean in a standard normal distribution. This function allows for easy data comparison and statistical analysis. Definition of Z-Score:…