The Empirical Rule is also known as the Sigma rule or the 68-95-99.7% rule. The rule state that for a given data set, 68% of all data values will fall within the first standard deviation from the mean. The rule also states that 95% of all data values would fall within two standard deviations, while almost all the data which amounts to about 99.7% will fall within three standard deviations.
The empirical rule is used in forecasting based on the given datasets because it is a certainty that after obtaining the standard deviation, data values can be assigned to the categories they fall into, under the Empirical rule.
The answer to your problem would be 400 because to find the answer you need to multiply 120 by .3 to get the answer because 3 % means per 100 and that is why you make it .3 hope i help.