Understanding Z-Score

 

To understand standard normal, one needs to know Z- Score and how it is calculated. Z-Score of an observation is defined as the number of standard deviations it falls above or below the curve. Also refer to the video posted under the material section.

 

Video : Understanding Z Score | The middle Road 

Reference Textbook 

Statistics For Business & Economics Anderson | Sweeney | Williams | Camm | Cochran