Académique Documents
Professionnel Documents
Culture Documents
ebit
CA
TA
CL
TL
Retained earnings
market value of equity
PBT
DEPRI
working capital- total assets (x1)
retained earnings - total assets (x2)
CRITERIA
Z' > 2.9 -Safe Zone
1.23 < Z' < 2.9 -Grey Zone
Z' < 1.23 -Distress Zone
SIMPLE AVG
0.043825075
0.108413943
0.027409956
0.665126176
0.155224851
ZONE
SAFE
ALERT
DISTRESS
total
TCS
sales
ebit
CA
TA
CL
TL
Retained earnings
market value of equity
PBT
DEPRI
working capital- total assets (x1)
retained earnings - total assets (x2)
ebit - total assets (x3)
market value of equity / total liablities (x4)
sales / total asssts (x5)
Infosys
Wipro
48,426.14
36,765.00
33,226.50
16,506.04
15,262.82
13,313.00
26,766.00
16,620.30
32,725.37
36,059.00
28,275.50
7,906.40
10,286.77
6,969.00
8,792.80
32,725.37
36,059.00
28,275.50
32,266.53
35,772.00
23,736.90
423,809.97
15,703.18
802.86
185,814.21
140,083.55
12,357.00
7,205.10
956
701.3
0.152054813
0.985979074
0.504380546
12.95050201
1.479773644
0.54901689
0.99204082
0.36920048
5.15306054
1.01957902
0.27682976
0.83948648
0.27962017
4.95423777
1.17509858
safe
safe
safe
safe
safe
alert
simple average
nomalizing distribut
13
10
27
50
SIZE OF COMPANY
LARGE CAP
MID CAP
SMALL CAP
TOTAL
8
26
16
50
NO OF COMPANIES
15
15
20
50
SIMPLE AVE
SAFE
ALERT
DISTRESS
TOTAL
ALTMAN Z SCORE
SAFE
ALERT
DISTRESS
TOTAL
6,001.90
4,986.65
974.20
5,599.88
1,643.60
10,852.88
5,287.30
5,106.45
1,971.20
10,852.88
5,287.30
10,093.36
4,054.40
97,966.72
40,611.44
4,544.74
817.2
441.91
157
0.045465351
0.930016733
0.459477116
9.026794731
1.15340997
-0.06195979
0.766818603
0.184252832
7.680941123
1.135154048
6.298408902
3.111797867
5.370467912
2.054355018
Hexawar
Rolta India
MphasiS
Mindtre Vakrangee
e Tech.
1,310.94
3,420.84
2,361.80
1,555.78
912.47
-375.59
867.62
486.00
305.39
368.15
777.59
280.22
947.9
712.45
362.43
984.61
4729.4
3,901.16
1,338.60
930.78
850.88
1,191.14
352.4
428.31
327.8
984.61
4,729.40
3,901.15
1,338.60
930.78
2383.5
3,422.01
1,272.20
465.29
925.3
1,243.04
8,732.51 5,760.75
4,956.78 5,115.05
-735.54
753.24
423.6
148.45
341.2
359.95
114.38
62.4
156.94
26.95
-0.12066224
0.503975134
-0.079415994
0.262832495
0.277189495
-0.10600693
0.87717756
0.22240052
2.23844507
0.87687765
0.444868
0.950396
0.363066
4.303563
1.764381
0.305270848
0.499892563
0.328101162
5.325404499
1.671479834
0.035171
0.939763
0.373904
5.195001
0.926732
3.878088217 3.712857
2.831999046 2.416637
safe
alert
distress
distress
alert
alert
safe
safe
safe
alert
safe
alert
13
10
27
50
8
26
16
50
0.332531
0.951852
0.272258
3.065303
0.901064
0.188509
0.927255
0.502422
8.954522
1.389945
0.213979
0.738808
0.149579
2.759982
0.622695
0.999652
-0.08699
0.005567
91.09704
0.304802
0.164184
0.236074
0.115759
1.473713
0.678637
RS
Software Geometri Nucleus
(I)
c
Soft.
293.22
352.25
202.28
50.38
56.74
54.66
58.29
195.53
217.52
117.03
247.83
319.48
17.71
77.08
95.29
117.03
247.81
319.48
104.15
235.17
287.09
232.66
707.13
738.35
46.91
44.38
49.69
3.47
12.36
4.97
0.346749
0.889943
0.430488
1.988037
2.505511
0.477949
0.948917
0.228947
2.853517
1.421337
0.38259
0.898617
0.171091
2.311099
0.633154
safe
alert
alert
alert
safe
safe
alert
alert
safe
safe
distress
distress
alert
safe
alert
alert
alert
alert
MID CAP
Ybrant
Digital
503.75
Indian
Infotech
Infinite
Comp
0.83
445.86
R
Systems
Intl.
228.93
Mastek
401.02
Sonata
Software
232.97
66.72
0.27
136.11
36.97
50.3
33.41
672.48
28.21
399.88
132.78
207.37
245.37
890.51
246.18
436.63
180.6
383.63
326.49
374.2
0.12
146.81
59.34
97.74
45.54
890.51
246.18
436.64
180.58
383.63
326.5
496.16
145.84
394.08
167.79
370.07
299.2
833.44
656.25
553.43
538.76
495.61
503.71
59.84
0.25
124.59
30.73
32.5
23.69
6.88
0.02
11.52
6.24
17.8
9.72
0.334954
0.557164
0.074923
0.935913
0.565687
0.114104
0.592412
0.001097
2.665732
0.003372
0.579598
0.902549
0.311728
1.267474
1.021139
Take
Datamatics Global
Solutions sevices
44.79
186.09
43.22
42.24
94.77
96.68
379.79
334.87
32.28
32
334.87
379.77
279.9
328.95
408.2
294.75
38.69
35.35
4.53
6.89
0.170304642
0.866136549
0.111219358
0.776127656
0.489981305
MID CAP
0.787446 1.842828 1.133331 2.305323 1.142235 1.26587 0.933871
1.354228 0.765879 2.734176 2.510193 1.900646 2.168657 1.240471
0.696693505
1.312956986
MID CAP
distress
alert
alert
distress
distress
alert
alert
alert
distress
alert
distress
alert
distress
distress
distress
alert
Unisys
Soft.
328.8
2.04
120.27
57.9
198.1
57.9
34.9
436.43
1.03
1.01
-1.34421
0.602763
0.035233
7.537651
5.678756
Thinksoft
Frontline
Objecton Tricom
Secure
Global
Aurionpro Sol.
Geodesic Busine
Megasoft e Inform India
Earth
160.08
194.66
869.41
17.65
46.16
5.42
80.07
1.04
27.6
26.16
364.12
0.48
5
0.64
19.46
-0.65
83.31
86.14 1,366.23
19.61
103.47
4.72
86.09
1.54
90.65
355.29
1,331.25
14
212.67
13.63
209.76
72.05
28.16
40.72
990.9
5.85
10.62
0.8
17.68
0.4
90.63
355.27
1,331.25
13.99
212.68
13.63
209.76
72.06
69.06
253.25
1,227.01
2.56
126.49
2.58
115.76
0.33
385.65
351.92
39.92
33.37
31.12
27.75
10.22
139.88
22.98
13.82
299.5
0.41
1.6
0.05
14.1
-0.67
4.62
12.34
64.62
0.07
3.4
0.59
5.36
0.02
0.608384
0.761831
0.304468
4.255214
1.765913
0.12783923
0.712797996
0.073629992
0.990570552
0.547890456
5.902377 3.221968
1.767849 3.320583
safe
alert
safe
safe
0.281938
0.921698
0.273517
0.029987
0.653078
0.982857
0.182857
0.034286
2.385275
1.260714
0.436592
0.594771
0.023511
0.146323
0.21705
0.287601
0.189288
0.046955
2.03595
0.397652
0.326135 0.015822
0.551869 0.00458
0.092773 -0.00902
0.048722 1.94116
0.381722 0.014434
distress
distress
distress
alert
alert
alert
distress
distress
alert
distress
distress
distress
distress
distress
SMALL CAP
Glodyne Bartronic Accentia Prithvi
Techno. s India
Tech.
Info.
1,557.65
556.21
126.3
Hit Kit
Global
1,473.80
0.56
418.5
-45.69
17.25
20.84
0.01
949.57
1,018.32
88.01
1,801.22
1,162.10
585.91
235.98
967.15
13.09
281.38
921.61
22.04
1,013.69
0.06
1,162.09
585.91
235.99
967.15
13.09
786.84
332.72
168.22
395.97
5.69
30.84
27.71
19.32
20.97
0.85
377.71
-118.01
9.25
13.06
-0.04
40.79
72.32
7.78
0.05
accela
Infronics Logix
Omnitec
kele
Sys.
Microsys.
h Info.
181.29
21.8
17.88
449.39
53.76
0.12
1.7
88.91
43.54
18.31
16.97
264.99
106
32.14
177.21
457.61
59.37
18.42
9.5
123.01
106.01
32.15
177.21
457.61
91.01
24.49
149.56
283.69
0
11.08
10.9
15.61
46.64
-3.37
0.87
35.62
7.12
3.49
0.83
53.29
-0.00342
0.761979
0.003734
0.344635
0.678283
0.042153377
0.843970431
0.009593138
0.061508944
0.100897241
0.310264
0.619938
0.194292
0.034112
0.982037
distress
distress
distress
distress
distress
alert
distress
distress
distress
alert
distress
distress
distress
distress
distress
alert
104.46
42.54
Net 4
India
302.64
AcroPeta
l Tech.
152.08
-0.09
1.68
9.66
51.67
25.22
13.25
111.01
30.66
205.96
251.18
18.02
69.22
97.44
212.75
371.06
3.75
56.36
5.68
75.07
80.39
18.03
69.23
97.44
212.73
371.06
8.36
9.9
69.46
104.98
248.97
15.81
14.31
15.23
12.64
17.62
-0.11
1.31
3.24
34.59
10.67
0.02
0.37
6.42
17.08
14.55
0.527192
0.463929
-0.00499
0.876872
0.250832
0.789512
0.143022
0.02427
0.206702
1.509101
0.256363
0.712849
0.099138
0.156301
0.436576
0.615229
0.493443
0.242867
0.059418
1.422515
0.460276
0.67097
0.067967
0.047486
0.409853
average
0.276549
0.684124
0.172965
4.197144
0.979515
6.310297
weights
0.043825
0.108414
0.02741
0.665126
0.155225
distress
distress
distress
distress
distress
distress
distress
alert
distress
distress
distress
alert
distress
alert
Company
TCS
Infosys
Wipro
HCL Technologies
Tech Mahindra
Oracle Fin.Serv.
MphasiS
Mindtree
Vakrangee
Hexaware Tech.
Persistent Sys
Infotech Enterp.
eClerx Services
KPIT Tech.
Pine Animation
NIIT Tech.
Polaris Finan.
Firstsour.Solu.
Tata Elxsi
Zensar Tech.
Cressanda Solns.
Financial Tech.
Rolta India
Hinduja Global
Accelya Kale
Luminaire Tech.
Cigniti Tech.
Geometric
Nucleus Soft.
Ybrant Digital
Indian Infotech
Infinite Comp
R Systems Intl.
Mastek
Sonata Software
Take Solutions
Sasken Comm.Tec.
MCap(Rs.
Cr.)
4,25,361.0
9
1,90,659.1
6
1,39,390.5
2
99,664.45
42,743.05
25,736.75
8,975.52
5,805.91
5,035.00
4,828.02
4,306.60
3,819.52
3,343.99
3,195.03
2,625.96
2,538.52
2,107.05
1,801.08
1,745.24
1,701.17
1,666.76
1,659.60
1,235.79
1,144.41
1,131.84
812.63
803.03
753.43
737.13
719.14
611.07
574.23
531.9
511.77
501.28
414.32
412.25
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
LARGE
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
Unisys Soft.
Thinksoft Global
Aurionpro Sol.
Datamatics Glob.
Helios Matheson
R S Software (I)
Genesys Intl.
Xchanging Sol.
Commex Tech.
Sterling Intl
Subex
Secure Earth
Starcom Info.
Accel Frontline
Blue Star Info.
HOV Services
8K Miles
Virtual Global
Axis IT&T
Dion Global
Trigyn Techno.
Mindteck (India)
Visesh Infotec.
Softsol India
Zen Technologies
Intense Tech.
Saksoft
Cybertech Sys.
Zylog Systems
Excel Infoways
Onward Technolog
Palred Technolog
Intrasoft Tech.
FCS Software
Allied Digital
Aurum Soft
Panoramic Univ.
Choice Infra
Cranes Software
Allsec Tech.
ABM Knowledge
Turbotech Engg.
Tanla Solutions
GSS Info.
ASM Technologies
Cat Tech.
403.19
356.63
309.18
304.44
299.12
258.69
230.27
229.17
225.03
215.59
195.68
154.64
150.33
133.5
127.97
125.1
112.5
106.98
106.77
102.3
97.01
85.47
79.53
79.26
78.21
73.92
73.34
71.13
69.75
68.38
65.84
65.82
62.46
62.46
61.41
59.11
57.61
57.45
56.66
49.46
48.69
47.85
46.32
45.88
43.41
42.65
40.2
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
MID
Aftek
USG Tech
Prism Infor.
Kellton Tech
Aptus Indust.
Geodesic
Frontline Busine
Megasoft
Objectone Inform
Info-Drive Softw
Spanco Ltd
Glodyne Techno.
Bartronics India
Accentia Tech.
Prithvi Info.
Parle Software
Healthfore Tech.
Tera Software
Value.Info Tech.
Lee & Nee Soft.
Omnitech Info.
ICSA (India)
Technvision Ven.
Ontrack Systems
Virinchi Tech.
Net 4 India
AcroPetal Tech.
Micro Techno.
Infronics Sys.
Logix Microsys.
Tricom India
Color Chips (I)
Tutis Tech.
Proto Developers
Sankhya Infotech
E.Com Infotech
CSS Technergy
Spectacle Ventur
Ram Informatics
Saven Tech.
Firstobj.Tech.
VJIL
Moschip Semicon.
Cambridge Tech.
United Inter.
BLS Infotech
Goldstone Tech.
37.58
33.73
32.8
32.32
32.12
29.91
29.19
29
28.48
25.34
23.82
23.75
23.7
21.68
21.29
20.76
20.69
19.45
16.86
16.68
16.18
15.94
15.83
14.6
14.39
13.52
13.26
11.87
11.57
10.89
10.69
10.6
10.39
9.49
9.28
9.03
8.99
8.34
8.22
8.05
7.98
7.94
7.92
7.62
7.52
7.44
7
MID
MID
MID
MID
MID
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
Sanmit Infra
Odyssey Tech.
Fourth Gen.
Advent Computer
Shreejal Info
Green Fire
Avance Tech.
Nexxoft Infotel
Triton Corp.
Axon Infotech
Indo-City Info.
Sylph Techno
Cybermate Info.
BNR Udyog
Encore Software
Dhanus Tech.
Seshachal Tech.
Zenith Infotech
SMS Techsoft
Ranklin Sol.
Netlink Solns(I)
Melstar Info.
GI Engg.Sol.
Centerac Tech.
BGIL Films & Tec
Twinstar Indus.
CG-VAK Software
Visu Intl.
Mahaveer Infoway
Dynacons Sys.
Sparc Systems
Venus Universal
I Power Soln.
T. Spiritual
Mangalya Soft.
Sterling Webnet
Hit Kit Global
Baron Infotech
Virgo Global
Gamma Infoway
Datasoft Applica
6.93
6.51
6.43
6.15
6
5.96
5.76
5.5
5.4
4.97
4.38
4.09
4.06
3.9
3.62
3.43
3.41
3.17
3.16
2.97
2.97
2.88
2.76
2.45
2.44
2.36
2.34
2.15
2.01
1.57
1.49
1.41
1.13
1
0.99
0.93
0.81
0.43
0.41
0.35
0.13
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
SMALL
wc/ta (x1)
-1.3344
-0.14934
-0.12066
-0.106
-0.06195
-0.00458
-0.00342
0.015822
0.0351
0.04215
0.04546
0.11075
0.1141
0.12783
0.15205
0.16418
0.165
0.1703
0.18661
0.1885
0.21397
0.2563
0.27682
0.2796
0.2819
0.28577
0.2876
0.3052
0.31026
0.3261
0.3325
0.33465
0.34674
0.38259
0.4066
0.4366
0.4448
0.460276
0.47794
normal distribution
cdf
expected
0.01 -0.54656
0.03 -0.38888
0.05 -0.30538
0.07 -0.24555
0.09 -0.19776
0.11 -0.15734
0.13
-0.1219
0.15 -0.09007
0.17 -0.06095
0.19 -0.03396
0.21 -0.00866
0.23 0.015249
0.25 0.038025
0.27 0.059852
0.29 0.080883
0.31 0.101245
0.33 0.121041
0.35 0.140361
0.37 0.159282
0.39 0.177874
0.41 0.196197
0.43 0.214306
0.45 0.232253
0.47 0.250086
0.49 0.267852
0.51 0.285595
0.53 0.303361
0.55 0.321195
0.57 0.339142
0.59 0.357251
0.61 0.375573
0.63 0.394165
0.65 0.413087
0.67 0.432407
0.69 0.452203
0.71 0.472564
0.73 0.493595
0.75 0.515422
0.77 0.538198
z value
-2.32635
1.3344
-1.88079 0.14934
-1.64485 0.12066
-1.47579
0.106
-1.34076 0.06195
-1.22653 0.00458
-1.12639 0.00342
-1.03643 0.015822
-0.95417
0.0351
-0.8779 0.04215
-0.80642 0.04546
-0.73885 0.11075
-0.67449
0.1141
-0.61281 0.12783
-0.55338 0.15205
-0.49585 0.16418
-0.43991
0.165
-0.38532
0.1703
-0.33185 0.18661
-0.27932
0.1885
-0.22754 0.21397
-0.17637
0.2563
-0.12566 0.27682
-0.07527
0.2796
-0.02507
0.2819
0.025069 0.28577
0.07527
0.2876
0.125661
0.3052
0.176374 0.31026
0.227545
0.3261
0.279319
0.3325
0.331853 0.33465
0.38532 0.34674
0.439913 0.38259
0.49585
0.4066
0.553385
0.4366
0.612813
0.4448
0.67449 0.460276
0.738847 0.47794
0.52719
0.54901
0.575
0.57959
0.6083
0.612055
0.61522
0.7895
0.8142
0.9828
0.9996
mean
sd
count
skew
significance
significance
0.79
0.81
0.83
0.85
0.87
0.89
0.91
0.93
0.95
0.97
0.99
0.562112
0.587407
0.614398
0.643512
0.675348
0.710786
0.75121
0.798999
0.858829
0.942327
1.100007
0.806421 0.52719
0.877896 0.54901
0.954165
0.575
1.036433 0.57959
1.126391
0.6083
1.226528 0.612055
1.340755 0.61522
1.475791
0.7895
1.644854
0.8142
1.880794
0.9828
2.326348
0.9996
0.276724
0.353895
50
-1.57693
0.69282
n
cdf
0.01
0.03
0.05
0.07
0.09
0.11
0.13
0.15
0.17
0.19
0.21
0.23
0.25
0.27
0.29
expected z value
0.049057 -2.32635 0.086987
0.170688 -1.88079 0.00458
0.235097 -1.64485 0.143022
0.281249 -1.47579 0.182857
0.318113 -1.34076 0.189288
0.349295 -1.22653 0.236074
0.376632 -1.12639 0.409419
0.401189 -1.03643 0.434683
0.423647 -0.95417 0.463929
0.444468
-0.8779 0.493443
0.46398 -0.80642 0.499893
0.482427 -0.73885 0.503975
0.499996 -0.67449 0.551869
0.516833 -0.61281 0.557164
0.533056 -0.55338 0.567869
0.592412056
0.594771242
0.602763385
0.619938375
0.670969655
0.677084588
0.712797996
0.712848933
0.712857022
0.738808309
0.761831219
0.761978843
0.766818603
0.835846746
0.839486481
0.843970431
0.858584906
0.866136549
0.877177557
0.88994275
0.898616502
0.902549069
0.916413979
0.921697653
0.927255021
0.929069767
0.930016733
0.939762952
0.948916596
0.950395936
0.951851725
0.958886705
0.964653442
0.985979074
0.992040822
mean
sd
count
skew
significance
significance
0.31
0.33
0.35
0.37
0.39
0.41
0.43
0.45
0.47
0.49
0.51
0.53
0.55
0.57
0.59
0.61
0.63
0.65
0.67
0.69
0.71
0.73
0.75
0.77
0.79
0.81
0.83
0.85
0.87
0.89
0.91
0.93
0.95
0.97
0.99
0.684124
0.272989
50
-1.08533
0.69282
n
0.548762
0.564033
0.578936
0.593532
0.607873
0.622007
0.635976
0.64982
0.663576
0.677281
0.690968
0.704672
0.718428
0.732272
0.746242
0.760375
0.774717
0.789313
0.804216
0.819486
0.835192
0.851416
0.868253
0.885821
0.904268
0.92378
0.944601
0.967059
0.991617
1.018953
1.050136
1.086999
1.133151
1.19756
1.319192
-0.49585
-0.43991
-0.38532
-0.33185
-0.27932
-0.22754
-0.17637
-0.12566
-0.07527
-0.02507
0.025069
0.07527
0.125661
0.176374
0.227545
0.279319
0.331853
0.38532
0.439913
0.49585
0.553385
0.612813
0.67449
0.738847
0.806421
0.877896
0.954165
1.036433
1.126391
1.226528
1.340755
1.475791
1.644854
1.880794
2.326348
0.592412
0.594771
0.602763
0.619938
0.67097
0.677085
0.712798
0.712849
0.712857
0.738808
0.761831
0.761979
0.766819
0.835847
0.839486
0.84397
0.858585
0.866137
0.877178
0.889943
0.898617
0.902549
0.916414
0.921698
0.927255
0.92907
0.930017
0.939763
0.948917
0.950396
0.951852
0.958887
0.964653
0.985979
0.992041
cdf
-0.079415994
-0.07798126
-0.009021513
-0.004994451
0.000763942
0.001096758
0.003733665
0.005567154
0.009593138
0.021547847
0.023510603
0.024270442
0.034285714
0.035233161
0.046955246
0.067967445
0.073099415
0.073629992
0.074923359
0.092772693
0.099137931
0.102330852
0.111219358
0.115758689
0.12906501
0.131115919
0.149579495
0.171090522
0.184252832
0.194292083
0.204706534
0.222400517
0.228947262
0.242867215
0.272257545
0.273517371
0.279620166
0.304021996
0.304467733
0.311728466
0.328101162
0.360123914
0.36306589
0.01
0.03
0.05
0.07
0.09
0.11
0.13
0.15
0.17
0.19
0.21
0.23
0.25
0.27
0.29
0.31
0.33
0.35
0.37
0.39
0.41
0.43
0.45
0.47
0.49
0.51
0.53
0.55
0.57
0.59
0.61
0.63
0.65
0.67
0.69
0.71
0.73
0.75
0.77
0.79
0.81
0.83
0.85
expected
-0.20212
-0.13028
-0.09224
-0.06498
-0.04321
-0.02479
-0.00865
0.005856
0.01912
0.031417
0.042942
0.053837
0.064214
0.074158
0.08374
0.093017
0.102036
0.110838
0.119459
0.127929
0.136277
0.144527
0.152704
0.160829
0.168923
0.177007
0.185101
0.193226
0.201403
0.209653
0.218001
0.226471
0.235092
0.243894
0.252913
0.26219
0.271772
0.281716
0.292093
0.302988
0.314513
0.32681
0.340074
z value
-2.32635
-1.88079
-1.64485
-1.47579
-1.34076
-1.22653
-1.12639
-1.03643
-0.95417
-0.8779
-0.80642
-0.73885
-0.67449
-0.61281
-0.55338
-0.49585
-0.43991
-0.38532
-0.33185
-0.27932
-0.22754
-0.17637
-0.12566
-0.07527
-0.02507
0.025069
0.07527
0.125661
0.176374
0.227545
0.279319
0.331853
0.38532
0.439913
0.49585
0.553385
0.612813
0.67449
0.738847
0.806421
0.877896
0.954165
1.036433
0.079416
0.077981
0.009022
0.004994
0.000764
0.001097
0.003734
0.005567
0.009593
0.021548
0.023511
0.02427
0.034286
0.035233
0.046955
0.067967
0.073099
0.07363
0.074923
0.092773
0.099138
0.102331
0.111219
0.115759
0.129065
0.131116
0.149579
0.171091
0.184253
0.194292
0.204707
0.222401
0.228947
0.242867
0.272258
0.273517
0.27962
0.304022
0.304468
0.311728
0.328101
0.360124
0.363066
0.369200477
0.373904389
0.430487909
0.459477116
0.502422398
0.504380546
0.507169811
mean
sd
count
skew
significance
significance
0.87
0.89
0.91
0.93
0.95
0.97
0.99
0.354579
0.370724
0.389142
0.410914
0.438173
0.476215
0.548054
1.126391
1.226528
1.340755
1.475791
1.644854
1.880794
2.326348
0.3692
0.373904
0.430488
0.459477
0.502422
0.504381
0.50717
0.172965
0.161235
50
0.522707
0.69282
n
cdf
0.01
0.03
0.05
0.07
0.09
0.11
0.13
0.15
0.17
0.19
0.21
0.23
0.25
0.27
0.29
0.31
0.33
0.35
0.37
0.39
0.41
0.43
0.45
expected z value
-25.7233 -2.32635
0
-19.9927 -1.88079 0.021682
-16.9582 -1.64485 0.026538
-14.7838 -1.47579 0.029987
-13.047 -1.34076 0.034112
-11.5779 -1.22653 0.047294
-10.29 -1.12639 0.047486
-9.13298 -1.03643 0.048722
-8.07489 -0.95417 0.059418
-7.09395
-0.8779 0.061509
-6.17467 -0.80642 0.064935
-5.30556 -0.73885 0.081868
-4.47783 -0.67449 0.146323
-3.68457 -0.61281 0.156301
-2.92023 -0.55338 0.206702
-2.18025 -0.49585 0.262832
-1.46081 -0.43991 0.344635
-0.75867 -0.38532 0.776128
-0.071 -0.33185 0.876872
0.604673 -0.27932 0.935913
1.270566 -0.22754 0.990571
1.928702 -0.17637 1.21898
2.580946 -0.12566 1.267474
1.291895837
1.473712848
1.542756508
1.941160144
1.988037255
2.03595011
2.238445074
2.311099286
2.385275197
2.665732391
2.759981543
2.853516807
2.983497619
3.06530308
4.18061263
4.255213505
4.303563424
4.954237768
5.15306054
5.195001066
5.325404499
7.537651123
7.680941123
8.954522215
9.026794731
12.95050201
91.09704348
mean
sd
count
skew
significance
significance
0.47
0.49
0.51
0.53
0.55
0.57
0.59
0.61
0.63
0.65
0.67
0.69
0.71
0.73
0.75
0.77
0.79
0.81
0.83
0.85
0.87
0.89
0.91
0.93
0.95
0.97
0.99
3.229058
3.874719
4.519569
5.16523
5.813342
6.465586
7.123721
7.789615
8.465287
9.152956
9.855102
10.57454
11.31452
12.07886
12.87212
13.69985
14.56896
15.48824
16.46917
17.52727
18.68426
19.97218
21.44131
23.17808
25.35248
28.38704
34.11755
-0.07527
-0.02507
0.025069
0.07527
0.125661
0.176374
0.227545
0.279319
0.331853
0.38532
0.439913
0.49585
0.553385
0.612813
0.67449
0.738847
0.806421
0.877896
0.954165
1.036433
1.126391
1.226528
1.340755
1.475791
1.644854
1.880794
2.326348
1.291896
1.473713
1.542757
1.94116
1.988037
2.03595
2.238445
2.311099
2.385275
2.665732
2.759982
2.853517
2.983498
3.065303
4.180613
4.255214
4.303563
4.954238
5.153061
5.195001
5.325404
7.537651
7.680941
8.954522
9.026795
12.9505
91.09704
4.197144
12.86153
50
1.695658
0.69282
y
cdf
0.003371517
0.014434421
0.042780749
0.100897241
0.133753397
0.01
0.03
0.05
0.07
0.09
expected z value
-115.443 -2.32635 0.003372
-93.165 -1.88079 0.014434
-81.368 -1.64485 0.042781
-72.9149 -1.47579 0.100897
-66.1631 -1.34076 0.133753
0.21704989
0.250832408
0.277189495
0.30480167
0.381721968
0.397652238
0.409852854
0.436576355
0.489981305
0.535214849
0.547890456
0.565687078
0.62269506
0.633153875
0.653077934
0.678282514
0.678637013
0.713559374
0.876877647
0.901064249
0.926732412
0.949309621
0.982037106
0.989369305
1.019579023
1.02113918
1.045330136
1.135154048
1.15340997
1.175098584
1.260714286
1.267607973
1.340375183
1.389945222
1.421337207
1.422514689
1.479773644
1.509101416
1.52385876
1.671479834
1.710283019
1.764380696
1.765912852
2.505511407
5.678756477
0.11
0.13
0.15
0.17
0.19
0.21
0.23
0.25
0.27
0.29
0.31
0.33
0.35
0.37
0.39
0.41
0.43
0.45
0.47
0.49
0.51
0.53
0.55
0.57
0.59
0.61
0.63
0.65
0.67
0.69
0.71
0.73
0.75
0.77
0.79
0.81
0.83
0.85
0.87
0.89
0.91
0.93
0.95
0.97
0.99
-60.4518
-55.4449
-50.947
-46.8336
-43.0202
-39.4464
-36.0677
-32.8499
-29.766
-26.7946
-23.9179
-21.121
-18.3914
-15.718
-13.0913
-10.5026
-7.94407
-5.40843
-2.88886
-0.37881
2.128081
4.638129
7.157703
9.693344
12.25188
14.84059
17.4673
20.14066
22.87029
25.66715
28.54387
31.51529
34.59912
37.81698
41.1957
44.76945
48.5829
52.69631
57.19419
62.20104
67.91239
74.66419
83.11732
94.91432
117.192
-1.22653
-1.12639
-1.03643
-0.95417
-0.8779
-0.80642
-0.73885
-0.67449
-0.61281
-0.55338
-0.49585
-0.43991
-0.38532
-0.33185
-0.27932
-0.22754
-0.17637
-0.12566
-0.07527
-0.02507
0.025069
0.07527
0.125661
0.176374
0.227545
0.279319
0.331853
0.38532
0.439913
0.49585
0.553385
0.612813
0.67449
0.738847
0.806421
0.877896
0.954165
1.036433
1.126391
1.226528
1.340755
1.475791
1.644854
1.880794
2.326348
0.21705
0.250832
0.277189
0.304802
0.381722
0.397652
0.409853
0.436576
0.489981
0.535215
0.54789
0.565687
0.622695
0.633154
0.653078
0.678283
0.678637
0.713559
0.876878
0.901064
0.926732
0.94931
0.982037
0.989369
1.019579
1.021139
1.04533
1.135154
1.15341
1.175099
1.260714
1.267608
1.340375
1.389945
1.421337
1.422515
1.479774
1.509101
1.523859
1.67148
1.710283
1.764381
1.765913
2.505511
5.678756
mean
sd
count
skew
significance
significance
0.979515
0.874636
50
0.456096
0.69282
n
TRANSFORMED
0.288481753
-1.901529693
-2.114778606
-2.244316185
-2.781427671
-5.386056281
-5.678114728
-4.146353902
-3.349554149
-3.166520595
-3.090922461
-2.20047987
-2.170680022
-2.057054023
-1.883545865
-1.806791892
-1.801809805
-1.770193691
-1.678734401
-1.668657272
-1.541919461
-1.361406646
-1.284387804
-1.274395269
-1.266202881
-1.252567988
-1.246184653
-1.18678798
-1.170344623
-1.120551196
-1.101115419
-1.094670069
-1.059180059
-0.960791359
-0.899925378
-0.828737835
-0.810130536
-0.775928969
-0.738270077
-0.640194264
-0.599638623
-0.553385238
-0.545434322
-0.497087098
-0.490933131
-0.485775352
-0.236355445
-0.205549243
-0.017349638
-0.00040008
1.5170928
TRANSFORMED
-2.441999149
-5.386022947
-1.944755081
-1.699050071
-1.664483847
-1.443608818
-0.893015152
-0.833138332
-0.768023825
-0.706347912
-0.693362077
-0.685228349
-0.594444938
-0.584895877
-0.565864899
4
3
2
1
Series2
Series1
1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49
-1
-2
-3
-0.523552845
-0.519578415
-0.506230555
-0.4781352
-0.399031367
-0.389959068
-0.338557214
-0.338485757
-0.338474409
-0.302716784
-0.272030245
-0.271836489
-0.265505007
-0.17931
-0.174964906
-0.16963782
-0.152469704
-0.143712705
-0.131045847
-0.116598144
-0.106898919
-0.10253222
-0.087287074
-0.081538035
-0.075526647
-0.073571443
-0.072552701
-0.062127614
-0.05243437
-0.050876606
-0.049346007
-0.04198235
-0.035986369
-0.014120148
-0.007991021
0.556616906
TRANSFORMED
-2.533055501
-2.551286739
-4.708143239
-5.299427861
-7.177018766
-6.815396296
-5.590364897
-5.190871344
-4.646707219
-3.837479385
-3.750303756
-3.718496045
-3.373026505
-3.345767577
-3.058560348
-2.688726444
-2.615934912
-2.608702831
-2.591289574
-2.377602943
-2.311243156
-2.279544064
-2.196250829
-2.156247524
-2.047439046
-2.031673469
-1.899927286
-1.765562494
-1.691446376
-1.638392671
-1.586177868
-1.503275393
-1.474263598
-1.415240425
-1.301006805
-1.296390146
-1.274323147
-1.190655225
-1.189190164
-1.165622772
-1.114433296
-1.021307102
-1.013170947
4
3
2
1
Series2
Series1
1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49
-1
-2
-3
-0.996415484
-0.98375516
-0.842836041
-0.777666141
-0.688314083
-0.684424244
-0.678909398
2.413865331
TRANSFORMED
#NUM!
-3.831260757
-3.629162838
-3.506996178
-3.378105558
-3.051372835
-3.047329154
-3.021617435
-2.823157367
-2.788572681
-2.734367509
-2.502648602
-1.921937989
-1.855969637
-1.576475701
-1.336238352
-1.065270769
-0.253438267
-0.131394386
-0.066232618
-0.009474187
0.198014854
0.237026219
100
80
60
Series2
40
Series1
20
0
1 3 5 7 9 1113151719212325272931333537394143454749
-20
NORMAL DISRIBUTED
0.256110781
0.387784963
0.433570757
0.663285807
0.687147848
0.710962594
0.805781461
0.837723293
0.869314504
0.980478838
1.015223992
1.048552201
1.09309631
1.120146449
1.430457798
1.448144938
1.459443383
1.600243325
1.639590818
1.64769683
1.672488671
2.019910611
2.038742082
2.19215868
2.200197347
2.561134553
4.51192535
0.097238114
TRANSFORMED
-5.692392554
-4.238139609
-3.151667075
-2.2936527
-2.011757497
10
8
6
-1.527628046
-1.382970258
-1.283053907
-1.188093976
-0.963062768
-0.92217743
-0.891957076
-0.828791994
-0.713388041
-0.625087026
-0.60167991
-0.569714219
-0.47369835
-0.457041798
-0.426058809
-0.388191391
-0.387668885
-0.33748963
-0.13138781
-0.104178715
-0.076090415
-0.052020273
-0.018126185
-0.010687605
0.01938982
0.020918847
0.044332755
0.126768367
0.142722747
0.161352045
0.231678454
0.237131639
0.292949562
0.329264338
0.351598124
0.352426213
0.391889133
0.411514385
0.421245776
0.513709362
0.536658865
0.567799749
0.568667753
0.918492868
1.736732279
Series2
Series1
0
1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49
-2
-4
NORMAOL DISTRIBUTED
0.467412218
Series2
Series1
Series2
Series1
Series2
Series1
0.2765
50
0.6841
50
0.1730
50
0.5044
0.3692
0.2796
0.4595
0.1843
-0.0794
0.2224
0.3631
0.3281
0.3739
0.3040
0.2723
0.5024
0.1496
0.0056
0.1158
0.4305
0.2289
0.1711
0.0749
0.0011
0.3117
0.2047
0.1311
0.1023
0.1291
0.1112
0.0352
0.3045
0.0736
0.2735
0.0343
0.0235
0.0470
0.0928
-0.0090
0.3601
-0.0780
0.0731
0.8143
-0.0046
-0.1493
-0.0034
0.0422
0.3103
0.5272
0.7895
0.2564
0.6152
0.4603
0.4094
0.4347
0.8586
0.7620
0.8440
0.6199
0.4639
0.1430
0.7128
0.4934
0.6710
0.0215
0.0008
0.5072
0.0037
0.0096
0.1943
-0.0050
0.0243
0.0991
0.2429
0.0680
4.1971
50
0.9795
50
0.0217
0.0649
0.0000
0.3446
0.0615
0.0341
0.8769
0.2067
0.1563
0.0594
0.0475
1.5239
0.0428
1.7103
0.6783
0.1009
0.9820
0.2508
1.5091
0.4366
1.4225
0.4099
1.262059
2.79648
0.764988
0.0153
mean1
Histogram
Frequency
Bin
Frequency
0.778664
3
1.384364
1
1.384364
0
1.384364
0
1.384364
0
2.163028
0
More
1
4
3
2
1
0
Frequency
Bin
mean2
Bin
Frequency
0.605699
2
0.778664
1
0.778664
0
4.024179
1
4.197144
1
4.197144
0
More
0
Frequency
Histogram
3
2
1
0
Frequency
Bin
meam3
Histogram
Frequency
Bin
Frequency
0.605699
2
0.778664
1
0.778664
0
4.024179
1
4.197144
1
4.197144
0
More
0
3
2
1
0
Frequency
Bin
Bin
mean4
Histogram
Frequency
Bin
Frequency
0.605699
2
0.778664
1
0.778664
0
4.024179
1
4.197144
1
4.197144
0
More
0
3
2
1
0
Frequency
Bin
mean5
Histogram
Frequency
Bin
Frequency
0.605699
2
0.778664
1
0.778664
0
4.024179
1
4.197144
1
4.197144
0
More
0
3
2
1
0
Frequency
Bin
Frequency
sample size
number of bins
minimum value
maximum value
range
bin width
bins
sample1
50
6.643856
-1.34421
0.999652
2.343866
0.352787
-0.99143
-0.63864
-0.28585
0.066934
0.419721
0.772508
sdm
50
6.643856
0.172965
4.197144
4.024179
0.605699
sample2
50
6.643856
-0.08699
0.992041
1.079028
0.16241
0.778664
1.384364
1.384364
1.384364
1.384364
2.163028
0.075423
0.992041
1.079028
0.16241
0.075423
0.992041
sdm
50
6.643856
0.172965
4.197144
4.024179
0.605699
0.778664
4.197144
4.024179
0.605699
0.778664
4.197144
dm)
sample3
50
6.643856
-0.07942
0.50717
0.586586
0.08829
0.008874
0.50717
0.586586
0.08829
0.008874
0.50717
sdm
50
6.643856
0.172965
4.197144
4.024179
0.605699
sample4
50
6.643856
0
91.09704
91.09704
13.71147
0.778664
4.197144
4.024179
0.605699
0.778664
4.197144
13.71147
91.09704
91.09704
13.71147
13.71147
91.09704
sdm
50
6.643856
0.172965
4.197144
4.024179
0.605699
sample 5
50
6.643856
0.003372
5.678756
5.675385
0.854231
0.778664
4.197144
4.024179
0.605699
0.778664
4.197144
0.857602
5.678756
5.675385
0.854231
0.857602
5.678756
sdm
50
6.643856
0.172965
4.197144
4.024179
0.605699
0.778664
4.197144
4.024179
0.605699
0.778664
4.197144
sample1
Histogram
Frequency
Bin
Frequency
-0.99143
1
-0.63864
0
-0.28585
0
0.066934
10
0.419721
24
0.772508
11
More
4
30
20
10
0
Frequency
Bin
sample2
Histogram
Frequency
Bin
Frequency
0.075423
2
0.075423
0
0.16241
1
0.992041
47
0.992041
0
1.079028
0
More
0
60
40
20
0
Frequency
Bin
sample3
Histogram
Frequency
Bin
Frequency
0.008874
8
0.008874
0
0.08829
11
0.50717
31
0.50717
0
0.586586
0
More
0
40
30
20
10
0
Frequency
Bin
sample4
Histogram
Frequency
Bin
Frequency
0.605699
17
0.778664
1
0.778664
0
4.024179
19
4.197144
1
4.197144
0
More
12
20
15
10
5
0
Frequency
Bin
sample5
Histogram
Frequency
Bin
Frequency
0.605699
17
0.778664
6
0.778664
0
4.024179
26
4.197144
0
4.197144
0
More
1
30
20
10
0
Frequency
Bin