Why Are Z-Scores Used to Check for Outliers

question 16

Multiple Choice

Why are z-scores used to check for outliers?

• A) They standardize scores for a known mean and standard deviation, allowing comparison.
• B) They allow you to allocate letters for missing values.
• C) A z-score is an outlier.
• D) They standardize scores in order to convert them to values closer to the mean.

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Definitions:

Ethics Double-check

A process or step taken to ensure that actions, decisions, or policies adhere to ethical standards and principles.

Bounded Rationality

The concept that when individuals make decisions, their rationality is limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make a decision.

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Availability Heuristic

A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.