Answer:
a. z=2 , the printer chosen is 2 standard deviations above the mean
b. z=-1.82, Ashish’s height is -1.82 standard deviations below the mean
c. z-score measures the number of standard deviations away from the mean, by knowing the z-score we can have an idea where the value of a variable falls in the distribution of all values of that variable.
We can estimate its probability of observing (p-value) and within what percent of all values it falls.
Explanation:
z-score is calculated by
z= (Value - mean) / Standard deviation
a. Thus z-score of the printer chosen is:
z= ($340 - $240) / $50 = 2
- the printer chosen is 2 standard deviations above the mean
b. z-score for Ashish’s height is:
z= (63 - 68.1) / 2.8 = -1.82
Ashish’s height is -1.82 standard deviations below the mean