Since the distribution has a mean of 0 and a standard deviation of 1, the Z column is equal to the number of standard deviations below (or above) the mean. For example, a Z of -2.5 represents a value 2.5 standard deviations below the mean.The area below Z is 0.0062.f all the values in a distribution are transformed to Z scores, then the distribution will have a mean of 0 and a standard deviation of 1. This process of transforming a distribution to one with a mean of 0 and a standard deviation of 1 is called standardizing the distribution.
The sale of goods in large quantities, as for resale by a retailer. adj. 1. Of, relating to, or engaged in the sale of goods in large quantities for resale: a wholesale produce market; wholesale goods; wholesale prices. 2. Made or accomplished extensively and indiscriminately; blanket: wholesale destruction. adv.
Trade or wholesale price: This is the price you charge to trade buyers. This is your cost price plus a mark up or profit margin. As a guideline: this is normally around 2 x your cost price.But if your cost price is relatively high then itâs less. So for example if your cost price would be Â£150, then your trade/whole sale price would be around Â£250. This is the price your publish on your trade price list, and share with retailers or galleries.his is your cost price plus a mark up or profit margin. As a guideline: this is normally around 2 x your cost price. But if your cost price is relatively high then itâs less. So for example if your cost price would be Â£150, then your trade/whole sale price would be around Â£250.