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Given an unknown What percentage of data falls within 0.75 standard deviation of the mean?
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A What is empirical rule?
For data sets having a normal, bell-shaped distribution, the following properties apply: About 68% of all values fall within 1 standard deviation of the mean About 95% of all values fall within 2 standard deviation of the mean About 99.7% of all values fall within 3 standard deviation of the mean.
A set of 1000 values has a normal distribution the mean of the data is 120 and the standard deviation is 20 how many values are within one standard deviaiton from the mean?
The Empirical Rule states that 68% of the data falls within 1 standard deviation from the mean. Since 1000 data values are given, take .68*1000 and you have 680 values are within 1 standard deviation from the mean.
Standard deviation is helpful in calculating?
Standard deviation is a calculation. It I used in statistical analysis of a group of data to determine the deviation (the difference) between one datum point and the average of the group.For instance, on Stanford-Binet IQ tests, the average (or, mean) score is 100, and the standard deviation is 15. 65% of people will be within a standard deviation of the mean and score between 85 and 115 (100-15 and 100+15), while 95% of people will be within 2 standard deviations (30 points) of the mean -- between 70 and 130.
Assume that aset of test scores is normally distributed with a mean of 100 and a standard deviation of 20 use the 68-95-99?
68% of the scores are within 1 standard deviation of the mean -80, 120 95% of the scores are within 2 standard deviations of the mean -60, 140 99.7% of the scores are within 3 standard deviations of the mean -40, 180
What is the area within the normal curve between -1SD and plus 1 SD?
The area within the normal curve between -1 standard deviation (SD) and +1 SD is approximately 68%. This means that about 68% of the data falls within one standard deviation of the mean in a normal distribution.
The percentage that is one standard deviation away from mean?
For normally distributed data. One standard deviation (1σ)Percentage within this confidence interval68.2689492% (68.3% )Percentage outside this confidence interval31.7310508% (31.7% )Ratio outside this confidence interval1 / 3.1514871 (1 / 3.15)
What percentage of the normally distributed population lies within the plus or minus one standard deviation of the population mean?
68.2%
What percentage of the data falls outside 1 standard deviation of the mean?
One standard deviation for one side will be 34% of data. So within 1 std. dev. to both sides will be 68% (approximately) .the data falls outside 1 standard deviation of the mean will be 1.00 - 0.68 = 0.32 (32 %)
How many of scores will be within 1 standard deviation of the population mean?
Assuming a normal distribution 68 % of the data samples will be with 1 standard deviation of the mean.
A What is empirical rule?
For data sets having a normal, bell-shaped distribution, the following properties apply: About 68% of all values fall within 1 standard deviation of the mean About 95% of all values fall within 2 standard deviation of the mean About 99.7% of all values fall within 3 standard deviation of the mean.
A set of 1000 values has a normal distribution the mean of the data is 120 and the standard deviation is 20 how many values are within one standard deviaiton from the mean?
The Empirical Rule states that 68% of the data falls within 1 standard deviation from the mean. Since 1000 data values are given, take .68*1000 and you have 680 values are within 1 standard deviation from the mean.
What percentage of data values of a normal distribution will fall within one standard deviation below the mean?
34.1% of the data values fall between (mean-1sd) and the mean.
What is the 68-95-99.7 rule?
The 68-95-99.7 rule, or empirical rule, says this:for a normal distribution almost all values lie within 3 standard deviations of the mean.this means that approximately 68% of the values lie within 1 standard deviation of the mean (or between the mean minus 1 times the standard deviation, and the mean plus 1 times the standard deviation). In statistical notation, this is represented as: μ ± σ.And approximately 95% of the values lie within 2 standard deviations of the mean (or between the mean minus 2 times the standard deviation, and the mean plus 2 times the standard deviation). The statistical notation for this is: μ ± 2σ.Almost all (actually, 99.7%) of the values lie within 3 standard deviations of the mean (or between the mean minus 3 times the standard deviation and the mean plus 3 times the standard deviation). Statisticians use the following notation to represent this: μ ± 3σ.(www.wikipedia.org)
What percent of the scores in a normal distribution will fall within one standard deviation?
It is 68.3%
What is the purpose of finding the standard deviation of a data set?
The purpose of obtaining the standard deviation is to measure the dispersion data has from the mean. Data sets can be widely dispersed, or narrowly dispersed. The standard deviation measures the degree of dispersion. Each standard deviation has a percentage probability that a single datum will fall within that distance from the mean. One standard deviation of a normal distribution contains 66.67% of all data in a particular data set. Therefore, any single datum in the data has a 66.67% chance of falling within one standard deviation from the mean. 95% of all data in the data set will fall within two standard deviations of the mean. So, how does this help us in the real world? Well, I will use the world of finance/investments to illustrate real world application. In finance, we use the standard deviation and variance to measure risk of a particular investment. Assume the mean is 15%. That would indicate that we expect to earn a 15% return on an investment. However, we never earn what we expect, so we use the standard deviation to measure the likelihood the expected return will fall away from that expected return (or mean). If the standard deviation is 2%, we have a 66.67% chance the return will actually be between 13% and 17%. We expect a 95% chance that the return on the investment will yield an 11% to 19% return. The larger the standard deviation, the greater the risk involved with a particular investment. That is a real world example of how we use the standard deviation to measure risk, and expected return on an investment.
Standard deviation is helpful in calculating?
Standard deviation is a calculation. It I used in statistical analysis of a group of data to determine the deviation (the difference) between one datum point and the average of the group.For instance, on Stanford-Binet IQ tests, the average (or, mean) score is 100, and the standard deviation is 15. 65% of people will be within a standard deviation of the mean and score between 85 and 115 (100-15 and 100+15), while 95% of people will be within 2 standard deviations (30 points) of the mean -- between 70 and 130.
What is the difference between standard error and standard deviation?
Standard error is the difference between a researcher's actual findings and their expected findings. Standard error measures the accuracy of one's predictions. Standard deviation is the difference between the results of one's experiment as compared with other results within that experiment. Standard deviation is used to measure the consistency of one's experiment.
