The Empirical Rule States That the Approximate Percentage of Measurements

question 115

Multiple Choice

The Empirical Rule states that the approximate percentage of measurements in a data set (providing that the data set has a bell shaped distribution) that fall within two standard deviations of their mean is approximately:

• A)68%.
• B)75%.
• C)95%.
• D)99%.

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Definitions:

Maximum Penalty

The highest possible financial charge or punishment that can be imposed for a violation of a rule or law.

Failure to File

The failure of an individual or business to submit their tax return by the due date, which can result in penalties and interest charges.

Qualifying Widow(er)

A tax filing status allowing a widowed spouse to use married filing jointly tax rates for up to two years after the year of their spouse's death, provided they have a dependent child.

Qualifying Child

A dependent who meets specific IRS criteria regarding relationship, age, residency, and support, which allows the taxpayer to claim certain tax benefits.