Answer: False.
Explanation:
For any random variable x,
Formula to calculate the z-score : 
 
, where 
 = Mean
 = Standard deviation
Let x be the data point has a corresponding z-score of -1.5.
Then , we have
 
 
 
 
 
 
i.e. x is one and a half standard deviations below the mean value. 
( one and a half =
 )
Therefore , the given statement is false.