Exploring zScores and Statistical Expectations

The video tutorial covers the concept of z-scores, how to calculate them, and their application in Excel. It explains the range rule of thumb applicable to any distribution and the empirical rule specific to normal distributions. The empirical rule, also known as the 68-95-99.7 rule, provides insights into data spread within one, two, and three standard deviations from the mean. The video also discusses the standard normal distribution, where the mean is zero and the standard deviation is one, aligning x-values with z-scores.

What is a z-score used for?

• To find the median of a dataset

• To determine how many standard deviations a value is from the mean

• To calculate the mean of a dataset

• To measure the central tendency of data

What does the range rule of thumb state?

• 68% of values fall within one standard deviation of the mean

• 95% of values fall within two standard deviations of the mean

• 99.7% of values fall within three standard deviations of the mean

• 50% of values fall within one standard deviation of the mean

Which rule applies only to normal distributions?

• Empirical rule

• Chebyshev's theorem

• Range rule of thumb

• Central limit theorem

According to the empirical rule, what percentage of values fall within one standard deviation of the mean in a normal distribution?

• 68%

• 95%

• 99.7%

• 50%

What is the total area under the curve in a normal distribution?

• 0.34

• 1

• 0.68

• 0.95

In a standard normal distribution, what is the mean?

• Depends on the dataset

• 2

• 1

• 0

What is the standard deviation in a standard normal distribution?

• 1

• 2

• 0

• Depends on the dataset

What does the empirical rule state about the percentage of values within three standard deviations of the mean?

• 99.7%

• 50%

• 95%

• 68%

What is the probability of a value falling within one standard deviation on one side of the mean in a normal distribution?

• 0.95

• 0.34

• 0.99

• 0.68

What happens to the curve of a normal distribution as it extends towards infinity?

• It touches the horizontal axis

• It becomes a straight line

• It forms a bell shape

• It never touches the horizontal axis