If a Data Set Is Normally Distributed, What Is the Proportion

question 41

Multiple Choice

If a data set is normally distributed, what is the proportion of measurements you would expect to fall within μ ± σ?

• A) 68%
• B) 50%
• C) 95%
• D) 100%

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Definitions:

Low-productivity Workers

Refers to employees who have below-average output per unit of input, often due to lack of skills, motivation, or resources.

Adverse Selection

A situation where sellers have information that buyers do not have, or vice versa, often leading to an inefficient market outcome.

Factory Owner

An individual or entity that holds the ownership of a manufacturing unit where goods are produced.

Average Product

In economics, the output per unit of input, such as labor or capital, calculated by dividing total production by the total quantity of the input used in production.