It is often used for predicting results in statistics. This rule could be used as an estimate of the consequence of upcoming data to also be collected but also analyzed after determining a confidence interval and before accumulating precise data.
In a clock-shaped distribution, the empirical rule states:
- About of the measures are within 1 standard deviation of the mean.
- About of the measurements are within 2 standard deviations.
- About of the measures are subject to 3 standard deviations.
Point a:
Therefore, approximately within 3 standard deviations from the mean.
Point b:
Therefore, approximately in 2 standard deviations from the mean.
Point c:
In 1 standard deviation of the mean, is as follows:
About of the sums decrease from .
So, the final answer are:
- The amount between makes up approximately of the amounts.
- The amount among bills amounts to approximately
- About of the amounts are .
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