Z-Score vs Percentile
Both terms below come up in the same part of the course, and students mix them up. Here is each one defined on its own, side by side, so you can see where they part company.
Z-score
Describing data
A z-score tells how many standard deviations a value lies above or below the mean of its distribution.
A z-score standardizes a value by measuring its distance from the mean in standard deviations. You compute it as , where is the value, (mu) is the mean, and (sigma) is the standard deviation. For example, a score of 85 in a distribution with mean 70 and standard deviation 5 has , so it sits 3 standard deviations above the mean. A negative z-score means the value is below the mean.
Percentile
Describing data
A percentile is a value at or below which a given percentage of the data falls, so about 90 percent of values lie at or below the 90th percentile.
The kth percentile is the value at or below which about percent of the observations lie. For example, if your test score is at the 85th percentile, roughly 85 percent of test-takers scored at or below you. Quartiles are percentiles too: the first quartile is the 25th percentile and the median is the 50th. Percentiles let you compare a single value to a whole distribution without knowing its shape.