Lesson 7: Z-Scores

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September 29, 2015 at 4:46 pm  •  Posted in f15-busad265 by  •  0 Comments

Wed Sep 30

Review:

Presentation:

  • Normal Calculations (video)
  • Empirical Rule (guidelines based on Chebyshev’s Theorem): 68, 95, 99
  • Z-Scores (standardized value)

Activity:

  • Calculate these “Standardized Height” (10 Z-Scores, 5 for men and 5 for women)
    • men = {46, 56, 66, 76, 86}
    • women = {42, 52, 62, 72, 82}
  • For females use mean = 63.8 and standard deviation = 4.2
  • For males use mean = 69.4 and standard deviation = 4.7

Assignment:

  • Use Sheets or Excel to complete the following
    • Download Foreign Per Diem Rates (for travel in a foreign country)
    • Calculate the Mean and Standard Deviation
    • Calculate Z-Scores for the following 12 international travel destinations
      • Beijing
      • Buenos Aires
      • Cairo
      • London
      • Mexico City
      • Moscow
      • Nairobi
      • New Delhi
      • Rio de Janeiro
      • Singapore
      • Sydney
      • Tokyo
  • Post results to your blog

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