Statistics Basics True or False? The Law of Large Numbers states that as the population size grows, the sample mean will tend towards the population mean?

Which of the following are true about the Empirical rule? Select two that apply.

When data is normally distributed, 50% of the data will fall within one standard deviation of the mean

When data is normally distributed, 95% of the data will fall within two standard deviations of the mean

When data is uniformly distributed, 68% of the data will fall within one standard deviation of the mean

When data is normally distributed, 68% of the data will fall within one standard deviation of the mean

Which of the following will be more significantly affected by outliers in our data? Select two.

Sum of Squared Errors

Sum of Absolute Errors

Mean Squared Errors

Mean Absolute Errors