In one year, earnings growth of the 500 largest U.S. corporations averaged 9.2%; the stan- dard deviation
Question:
In one year, earnings growth of the 500 largest U.S. corporations averaged 9.2%; the stan- dard deviation was 3.5%.
(a) Find a range in which it can be guaranteed that 84% of these earnings growth figures lie.
(b) Using the rule of thumb, find a range in which it can be estimated that approximately 68% of these earnings growth figures lie.
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