What is Z-Score? How to calculate Z-Score in Excel

This video explains about Z-score and calculation in excel
Z-score also known as the standard score gives us an idea of how far a data point is from the mean.
Z-Score is measured in terms of standard deviation from the mean.
For example, a standard deviation of 2 indicates the value is 2 standard deviations away from the mean.
In order to use a z-score, we need to know the population mean (μ) and also the population standard deviation (σ).
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