2.51 In one year, earnings growth of the 500 largest U.S. corporations averaged 9.2%; the standard deviation

Question:

2.51 In one year, earnings growth of the 500 largest U.S.

corporations averaged 9.2%; the standard deviation was 3.5%.

a. It can be guaranteed that 84% of these earnings growth figures will be in what interval?

b. Using the empirical rule, it can be estimated that approximately 68% of these earnings growth figures will be in what interval?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Economics

ISBN: 9780273767060

8th Global Edition

Authors: Paul Newbold, Mr William Carlson, Ms Betty Thorne

Question Posted: