Use the Empirical Rule (68-95-99.7) to answer the question.

The interest rate for the financing of a used car is on average 9% with a standard deviation of 3%.Assuming that interest rates for used car loans are normally distributed, approximately what percent of loans have an interest rate that is between 3% and 15%?

Question 14 options:

34%

99.7%

68%

95%

Select the most appropriate response.

A study of high school dropout rates in all 50 states reported a median dropout rate of 25%.Interpret this result.

Question 13 options:

The most frequently observed dropout rate was 25%.

Half of the 50 states had a dropout rate at or below 25%.

The average dropout rate of the 50 states was 25%.

Half of the 50 states had a dropout rate of 25%.