The Empirical Rule States That the Percentage of Observations in a Data

question 129

True/False

The Empirical Rule states that the percentage of observations in a data set (providing that the data set is bell shaped)that fall within one standard deviation of their mean is approximately 75%.

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Definitions:

Bilateral Funding

Financial support provided by one country to another, or by a country to an international organization, aimed at supporting economic development or relief efforts.

World Bank

A worldwide economic entity that supplies loans and funding to the administrations of developing countries to facilitate the completion of significant infrastructure projects.

Donor Countries

Nations that provide financial or material aid to other countries for development, relief efforts, or economic assistance.

International Loans

Loans that are made across national borders, often involving different currencies and international financial institutions.