Use the formula to standardize the data point 6:
- Subtract the mean (6 – 4 = 2),
- Divide by the standard deviation. Your standardized value (z-score) will be: 2 / 1.2 = 1.7.
How do you do standardization?
Typically, to standardize variables, you calculate the mean and standard deviation for a variable. Then, for each observed value of the variable, you subtract the mean and divide by the standard deviation.
What are the three key pieces of information when standardizing?
The form should show the three elements that constitute standardized work: the current takt time (and cycle time) for the job, the work sequence, and the amount of required standard in-process stock to ensure smooth operations.
