Z score / T score

Z score
• The z value or z score tells the number of
standard deviations the original measurement
is from the mean.
Formula for z score

x
z

 T score
• A t-test’s statistical significance indicates
whether or not the difference between two
groups’ averages most likely reflects a “real”
difference in the population from which the
groups were sampled.
• A t-test is a type of inferential statistic used to
determine if there is a significant difference
between the means of two groups, which may
be related in certain features.
• The t-test is one of many tests used for the
purpose of hypothesis testing in statistics.
• One Tailed Test, A one-tailed test is a statistical
test in which the critical area of a distribution
is either greater than or less than a certain
value, but not both.
• Two Tailed Test, A two-tailed test is a statistical
test in which the critical area of a distribution
is two-sided and tests whether a sample is
greater than or less than a certain range of
values.
• Null Hypothesis DefinitionA null hypothesis is
a type of hypothesis used in statistics that
proposes that no statistical significance exists
in a set of given observations.
• Why Statistical Significance MattersStatistical
significance refers to a result that is not likely
to occur randomly but rather is likely to be
attributable to a specific cause.
 Reference
• https://www.investopedia.com/terms/t/t-
test.asp