Approximately what proportion of the observations is between 452 and 548?
What will be an ideal response?
The values 452 and 548 are within ± two standard deviations of the mean; hence the Empirical Rule implies that the proportion of the observations between these two values is approximately 0.95
You might also like to view...
Which of the following statements about SAP R/3 is true?
a. It supports a single function or department b. It is an end-to-end enterprise system c. Sharing data between departments is problematic d. None of the above
Where the offeror is a merchant and the offeree is a nonmerchant, what is the effect of minor
different terms contained in an acceptance? A) No contract is formed, and the purported acceptance is treated as a counteroffer. B) A contract is formed according to the terms of the offer, and the additional terms are treated as proposed additions to the contract. C) A contract is formed, but only if the parties resolve the differences in the offer and the acceptance. D) The purported acceptance is treated as a rejection, except that the original offer remains open under the firm offer rule. E) A contract will be formed incorporating the different terms of the acceptance.