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What is utility and what is its relevance to rational behaviour?
Z-Scores
Standardized scores that indicate how many standard deviations an element is from the mean of its data set.
Standard Deviations
A measure of the amount of variation or dispersion of a set of values, indicating how much the values in the set depart from the mean.
Z-Scores
Standardized scores that indicate by how many standard deviations an element is from the mean.
Z-Score
Another term for standard score, indicating the number of standard deviations a data point is from the mean of its distribution.
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