When Using the Empirical Rule,which Assumption Is Made

question 8

Multiple Choice

When using the empirical rule,which assumption is made?

• A)The data only comes from a sample.
• B)The data only comes from a population.
• C)The data is exactly symmetric and bell-shaped.
• D)The data is approximately symmetric and bell-shaped.

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Definitions:

Recovered

A state of having improved from or overcome adversity, illness, or a downturn.

Proved Reserves

The quantity of natural resources, such as oil or gas, that can be technically and economically viable to extract under current conditions.

Economic Theory

A set of principles and frameworks that seek to explain how economies work, covering areas like market dynamics, production, and distribution.

Relative Scarcity

The comparison of the scarcity of one resource, good, or service in relation to another, influencing its price and availability.