If the Random Variable, X, Is Normally Distributed, 68

question 71

True/False

If the random variable, x, is normally distributed, 68.26 percent of all possible observed values of x will be within two standard deviations of the mean.

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Definitions:

Mammals

Warm-blooded vertebrates characterized by the presence of mammary glands, which in females produce milk for feeding their young.

Sold

The completed sale of goods or services from one party to another, transferring ownership.

Probability

A mathematical measure indicating the likelihood or chance of a specific event occurring, ranging from 0 (impossible) to 1 (certain).

Quarter

A period of three months used in financial and business sectors for reporting, forecasting, and dividing the fiscal year.