For the Normal Distribution,the Mean Plus and Minus Two Standard

question 17

Multiple Choice

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

• A)50%
• B)99.7%
• C)95%
• D)68%

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Definitions:

Specified Delivery

A term used in futures contracts to denote the specific delivery specifications such as quality, quantity, and delivery location that must be met by the seller.

S&P 500 Index

A market-capitalization-weighted index of 500 of the largest publicly traded companies in the U.S., used as a benchmark for the overall stock market performance.

Futures Price

The predetermined price agreed upon in a futures contract for the delivery of an asset at a future date.

Loss

A reduction in money or asset value, often the difference between purchase price and selling price if the latter is lower.