In this article, we will learn about how to use the STANDARDIZE function in Excel.
In simple words, normalised value (Z-score) of a value of the data set having mean (Average) of the data.
Z-score = (Value – Average) / (Standard deviation)
The STANDARDIZE function is a statistical function function. It takes returns a normalized value (z-score) for the values of the data
Value : value to be normalised
Mean : Average of values
Standard_deviation : Standard deviation of the data
Let’s understand this function using it in an example.
Here we have scores of the students and we need to find the Z score for the data.
For mean, we will use the AVERAGE function and For Standard deviation, STDEV.P function.
Use the formula:
A2 : value to be normalised
AVERAGE(A2:A12) : mean of the data
STDEV.P(A2:A12) : Standard deviation of the data
As you can see the Z-score and its formula in adjacent cell from the above snapshot.
Copy the formula in other cells using shortcut key Ctrl + D
As you can see the normalised value (Z-score) for the data.
Hope you understood how to use Indirect function and referring cell in Excel. Explore more articles on Excel function here. Please feel free to state your query or feedback for the above article.
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