i. For a normal probability distribution, about 95 percent of the area under normal curve is within plus and minus two standard deviations of the mean and practically all (99.73 percent) of the area under the normal curve is within three standard deviations of the mean. ii. The total area under the normal curve is 1.
iii. The mean of a normal probability distribution is 500 and the standard deviation is 10. About 68 percent of the observations lie between 480 and 520.
A) (i), (ii), and (iii) are all correct statements.
B) (i) is a correct statement but not (ii) or (iii).
C) (i) and (iii) are correct statements but not (ii).
D) (i) and (ii) are correct statements but not (iii).
E) (i), (ii), and (iii) are all false statements.

Question

Quizplus · Accepted Answer

Statement (i) is correct as it describes the empirical rule for normal distributions. Statement (ii) is correct because the total area under a probability distribution curve is always 1. Statement (iii) is incorrect because 68 percent of the observations lie within one standard deviation of the mean, which would be between 490 and 510, not 480 and 520.

I for a Normal Probability Distribution, About 95 Percent of the Area