What Percentage of the Population Is Represented Within One Standard

question 190

Multiple Choice

What percentage of the population is represented within one standard deviation?

• A) 66%
• B) 68%
• C) 70%
• D) 72%
• E) 74%

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Definitions:

Loss

The negative financial result from an investment or business operations, where expenses exceed revenues.

Regulatory Lag

The delay between the identification of a need for regulatory intervention and the implementation of regulatory policies or actions.

Rate-Of-Return Regulation

Maximum price allowed by a regulatory agency is based on the (expected) rate of return that a firm will earn.

Economic Efficiency

A state where resources are optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.