Manuals/calci/ZTEST

ZTEST (Array,Mean,StandardDeviationForPopulation,IsTwoTailed,Accuracy)

• $Array$ is the set of values.
• $Mean$ is the mean value.
• $StandardDeviationForPopulation$ is the standard deviation of the population.
• $IsTwoTailed$ is the value of the tail.
• $Accuracy$ gives accurate value of the solution.
  • ZTEST() returns the one-tailed probability-value of a z-test.

Description

• This function gives the one-tailed probability of z-test.
• Z-test is used to determine whether two population means are different when the variances are known and the sample size is large.
• In $ZTEST(Array,Mean,StandardDeviationForPopulation,IsTwoTailed,Accuracy)$,$Array$ is the array of values against which the hypothesized sample mean is to be tested.
• $Mean$ is the hypothesized sample mean, and $StandardDeviationForPopulation$ is the standard deviation of the population.
• When we are not giving the sigma value, it will use the standard deviation of sample.
• This function returns the probability that the supplied hypothesized sample mean is greater than the mean of the supplied data values.
• The test statistic should follow a normal distribution.
• ZTEST is calculated when sigma is not omitted and x=μ0 : $ZTEST(ar,\mu _{0},sigma)=1-NORMDIST({\bar {x}}-\mu _{0})/{\frac {sigma}{\sqrt {n}}}$
• ZTEST is calculated when sigma is omitted and x=μ0:

$ZTEST(ar,\mu _{0})=1-NORMDIST({\bar {x}}-\mu _{0})/{\frac {s}{\sqrt {n}}}$ where ${\bar {x}}$ is sample mean , $s$ is the sample deviation and $n$ is the size of the sample.

• Suppose we want to calculate the z-test for two tailed probability then this can be done by using the Z_test function: $2*MIN(ZTEST(ar,\mu _{0},sigma),1-ZTEST(ar,\mu _{0},sigma))$.
• This function will give the result as error when

    1. Any one of the argument is non-numeric.
    2. Array or Mean value is empty.
    3. Array contains only one value.

Examples

1. Example 1

Spreadsheet

	A	B	C	D	E	F	G
1	10	15	7	2	19	20	12
2	3	4	8	1	10	15	5

1. =ZTEST(A1:G1,4) = 0.00042944272036
2. =2*MIN(ZTEST(A1:G1,4),1-ZTEST(A1:G1,4)) = 0.000858885440
3. =ZTEST(A2:F2,10) = 0.9323691845
4. =2*MIN(ZTEST(A2:F2,10),1-ZTEST(A2:F2,10)) = 0.135261630850

Related Videos

Z-TEST

See Also

• NORMDIST
• NORMINV
• NORMSDIST
• NORMSINV
• STANDARDIZE

References

• Z-test

• List of Main Z Functions

• Z3 home