Step 1 :The problem provides the following information: the average amount of advertising per hour of broadcast time is 15 minutes, the standard deviation is 2.5 minutes, and the observed amount of advertising time is 7 minutes.
Step 2 :We are asked to calculate the $z$-score for the observed advertising time. The $z$-score is a measure of how many standard deviations an element is from the mean.
Step 3 :The formula for the $z$-score is: \( z = \frac{X - \mu}{\sigma} \), where $X$ is the observed value, $\mu$ is the mean, and $\sigma$ is the standard deviation.
Step 4 :Substitute the given values into the formula: $X = 7$ minutes, $\mu = 15$ minutes, and $\sigma = 2.5$ minutes.
Step 5 :Calculate the $z$-score: \( z = \frac{7 - 15}{2.5} = -3.2 \)
Step 6 :Final Answer: The $z$-score for the observed advertising time of 7 minutes is \(\boxed{-3.20}\).