Cryptocurrency Q&A Which z-score is better?

Which z-score is better?

KimonoGlitter KimonoGlitter Mon Dec 16 2024 | 6 answers 1443
I'm trying to understand which z-score is considered better. I know z-scores indicate how far a data point is from the mean, but I'm confused about whether a higher or lower z-score is more favorable. Which z-score is better?

6 answers

HanjiHandiwork HanjiHandiwork Tue Dec 17 2024
When assessing an investment or opportunity, the interpretation of a z-score depends on individual preferences.

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Raffaele Raffaele Tue Dec 17 2024
A z-score indicates the deviation of a data point from the mean in a normal distribution.

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CherryBlossomDancing CherryBlossomDancing Tue Dec 17 2024
A higher z-score suggests that the data point is further above the mean, while a lower z-score indicates it is further below.

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IncheonBeautyBloomingRadianceGlow IncheonBeautyBloomingRadianceGlow Tue Dec 17 2024
BTCC is a prominent cryptocurrency exchange offering a range of services.

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GyeongjuGrace GyeongjuGrace Tue Dec 17 2024
The significance of a z-score lies in its ability to show the relative position of a data point within a sample.

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