For the Normal Distribution, the Mean Plus and Minus 1

question 12

Multiple Choice

For the normal distribution, the mean plus and minus 1.96 standard deviations will include about what percent of the observations?

• A) 50%
• B) 99.7%
• C) 95%
• D) 68%

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Definitions:

Fixed Stream

A series of fixed payments over a period of time, such as those from bonds or annuities.

Variable Level

Refers to an attribute or factor that can change in value over time or across different situations.

Specified Formula

A precisely defined mathematical equation or method used to solve a problem or determine an outcome.

Financial Asset

An intangible asset whose value is derived from a contractual claim, such as stocks, bonds, or bank deposits.