Make the necessary calculations to verify the empirical rule


Problem

Make the necessary calculations to verify the Empirical Rule for normal distributions, which states that the probability is approximately 0.68 that a normal random variable is within one standard deviation of the mean μ and the probability is approximately 0.95 that the random variable is within two standard deviations of the mean.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Econometrics: Make the necessary calculations to verify the empirical rule
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