Statistically, the value of a Z-Score is the measure of the number of standard deviations a raw score is below or above the population mean. Simply put, a z-score tells you how far from the mean a data point is. The Z-Score is a statistical value used for statistical measurement. Step #3: Calculate the Z-Score in Excel.Step #2: Calculate the Standard Deviation (SD).
Step #1:Calculate the Mean (or average).In this post, we explain how to use Excel to calculate the Z-Score function. The Z-Score is a statistical function and Excel has a built-in tool to help you calculate it. Microsoft Excel has many functions, from basic tabulation, to finance, to statistics.
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