Z score of a Firm Determine ! The Greatest Movie Ever Made

Z Score of a Firm is one of the oldest and most well-known insolvency prediction formulas. The Z score, developed by Dr. Robert Altman, is a financial model that uses historical financial data to calculate a score. The Z score successfully predicts bankruptcy with well over 90 percent accuracy using data from one year prior and is over 70 percent accurate using data from as many as five years prior to bankruptcy.

On the other hand , T score statistic is a simple transformation of the z score, calculated using this formula

T = (z * 10) + 50

The T score has a mean of 50 and a standard deviation of 10.

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