M3A2 Methods Speech or Presentation Example | Topics and Well Written Essays - 500 words

M3A2 Methods - Speech or Presentation ExampleStandard scores also offer room to analysts to convert scores from antithetic data sets into scores that scum bag be accurately compared to to each one other.A good scenario of where to use the z-score especially in the business environment is to measure the unsuccessful person probability of a company. Say you are a statistician and you are given a mandate to check whether a company (may be a manufacturing or any other service) is either at a risk of corporate collapse or is at higher level of liquidity and earnings, which can be interpreted as having a smaller probability of bankruptcy. In this case, you need to check or determine signs of company bankruptcy. As an analyst you pull up stakes have to look at various possible factors 9financial ratios) affecting the stability of a company. This may includeIt is important to understand that these factors are unique from each other and have different story about the firms financial stat us. It can be a bit confusing to compare them. However, it becomes precise easy to compare the different scores using z-score.In this case, when z-score value