If you were asked to forecast the future spot rate of a currency,how much of the probability distribution of the rate is between plus or minus 2 standard deviations?

Question

Quizplus · Accepted Answer

According to the empirical rule, approximately 95% of the data falls within 2 standard deviations of the mean in a normal distribution. Therefore, the probability that the spot rate falls within plus or minus 2 standard deviations is 95.44%.

If You Were Asked to Forecast the Future Spot Rate