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Unformatted text preview: 2 standard deviation about 96% (-2.061, 2.143) 3 standard deviation about 100% (-3.112, 3.194) According to the Empirical Rule. . e. X+-s about 68% X+-2s about 95% X+-3s about 99.7% The data resembles more the empirical rule because of the structure and distribution of the measurements. Chebyshevs Rule says no useful information is provided on the measurements within a standard deviation. That is clearly not the case in this data set....
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This note was uploaded on 11/05/2011 for the course ECON UA.18.1-01 taught by Professor Romanfrydman during the Fall '11 term at NYU.
- Fall '11