Question: The probability that actual sales will be the expected calculated value plus or minus two standard deviations, assuming the distribution of possible future sales values
The probability that actual sales will be the expected calculated value plus or minus two standard deviations, assuming the distribution of possible future sales values is normal, is closest to:
Group of answer choices
50%
68%
95%
65%
99%
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
