Empirical Rule

  • The Empirical Rule approximates the variation of data in a bell-shaped distribution
  • Approximately 68% of data in a bell-shaped distribution is within 1 standard deviation of the mean

  • Approximately 95% of data in a bell-shaped distribution is within 2 standard deviations of the mean

  • Approximately 99.7% of data in a bell-shaped distribution is within 3 standard deviations of the mean



REFERENCES
https://www.greatlearning.in/great-lakes-pgpba/

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