Select the most accurate statement regarding the normal distribution. Group of answer choices It is always the appropriate distribution in simulation modeling. It does not permit negative values. There is a 95% chance that values will be within ±2 standard deviations of the mean. The user must specify the maximum positive value allowed. It is obtained by the positive and negative square roots of a uniform random variable.

Respuesta :

Answer:

There is a 95% chance that values will be within ±2 standard deviations of the mean.

Step-by-step explanation:

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

The Empirical Rule states that, for a normally distributed random variable:

Approximately 68% of the measures are within 1 standard deviation of the mean.

Approximately 95% of the measures are within 2 standard deviations of the mean.

Approximately 99.7% of the measures are within 3 standard deviations of the mean.

In this question:

According to the empirical rule, 95% of the measures are within 2 standard deviations of the mean. So the correct statement is:

There is a 95% chance that values will be within ±2 standard deviations of the mean.