According to the Empirical Rule,how Many Observations Lie Within +/-

question 53

Multiple Choice

According to the empirical rule,how many observations lie within +/- 1 standard deviation from the mean?

• A)50%
• B)68%
• C)95%
• D)Almost all

---

Definitions:

Secondary Information

Secondary information refers to data that was collected by someone else for a different purpose but is being utilized for a current research or analysis.

Minority Population Growth

The increase in the size of groups within a population that are not part of the majority racial, ethnic, or other demographic segment.

Immigration

The action of coming to live permanently in a foreign country.

Switching Costs

These are the costs that a consumer incurs as a result of changing from one product, service, or supplier to another, including financial, time, and effort expenses.