What are the three standard deviations of the mean?

Master the Mckissock General Appraiser Sales Comparison Approach Test with comprehensive quizzes and explanations. Enhance your skills in the appraiser profession and pass your exam with confidence!

Multiple Choice

What are the three standard deviations of the mean?

Explanation:
This question hinges on the empirical rule for a normal distribution. It says that about 68% of observations fall within one standard deviation of the mean, about 95% fall within two standard deviations, and about 99.7% fall within three. Therefore the stated percentages—68% within one standard deviation, 95% within two, and 99.7% within three—match these bands around the mean, making this the correct description. The other percent patterns don’t align with the standard deviation spread of a normal curve, so they aren’t correct.

This question hinges on the empirical rule for a normal distribution. It says that about 68% of observations fall within one standard deviation of the mean, about 95% fall within two standard deviations, and about 99.7% fall within three. Therefore the stated percentages—68% within one standard deviation, 95% within two, and 99.7% within three—match these bands around the mean, making this the correct description. The other percent patterns don’t align with the standard deviation spread of a normal curve, so they aren’t correct.

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