Question

#44 according to the “empirical rule”, what percentage of credit loads would you expect to lie within one (1) standard deviation unit of the mean? (a) 50% (b) 68% (c) 75% (d) 95% (e) 99.7% #45 according to the “empirical rule”, what percentage of credit loads would you expect to lie within two (2) standard deviation units of the mean? (a) 50% (b) 68% (c) 75% (d) 95% (e) 99.7%

Explanation:

The empirical rule for a normal - distribution states that approximately 68% of the data lies within one standard deviation of the mean, and approximately 95% of the data lies within two standard deviations of the mean.

Answer:

#44: B. 68%
#45: D. 95%