Which of the following is a measure of relative standing?Group of answer choicesPie ChartVarianceMeanZ-Score
Question
Which of the following is a measure of relative standing?Group of answer choicesPie ChartVarianceMeanZ-Score
Solution
The measure of relative standing among the given options is Z-Score.
Here's why:
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Pie Chart: This is a type of graph that represents data visually. It does not measure relative standing.
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Variance: This is a statistical measurement of the spread between numbers in a data set. It does not measure relative standing.
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Mean: This is the average of a set of numbers. It does not measure relative standing.
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Z-Score: This is a statistical measurement that describes a value's relationship to the mean of a group of values. It is measured in terms of standard deviations from the mean. If a Z-Score is 0, it indicates that the data point's score is identical to the mean score. A Z-Score of 1.0 would indicate a value that is one standard deviation from the mean. Z-Scores may be positive or negative, with a positive value indicating the score is above the mean and a negative score indicating it is below the mean. Therefore, Z-Score is a measure of relative standing.
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