Measures of Relative Standing: z-Scores
In this video, I introduce the concept of relative standing and discuss the z-scores - one of the ways to measure a relative standing of an observation. To navigate the lecture, you may use the following timecodes:
0:00 Intro
0:09 Definition of a z-score
1:28 How to interpret z-scores?
2:15 Using z-scores to compare observations from different sets
3:10 What is a standardized dataset?1
3:40 Using z-scores to interpret the three-standard-deviations rule
4:24 Using z-scores to interpret the Chebyshev's rule
4:53 Using z-scores to interpret the Empirical rule
5:23 Outro