Prepare for the SASB Fundamentals of Sustainability Accounting Level II Test. Study with multiple choice questions, gaining hints and explanations. Enhance your sustainability reporting skills and ace your exam!

Multiple Choice

According to the data, what percentage falls within two standard deviations of the mean?

The empirical rule for a normal distribution says that about 95% of data lie within two standard deviations of the mean, meaning within the range mean ± 2×SD. This is the window that includes the vast majority of observations when the data are approximately normally distributed, which is why the correct percentage is 95%. The other options correspond to one standard deviation (about 68%), three standard deviations (about 99.7%), and a 50% central portion, which don’t apply to the two‑standard‑deviation window.

The empirical rule for a normal distribution says that about 95% of data lie within two standard deviations of the mean, meaning within the range mean ± 2×SD. This is the window that includes the vast majority of observations when the data are approximately normally distributed, which is why the correct percentage is 95%. The other options correspond to one standard deviation (about 68%), three standard deviations (about 99.7%), and a 50% central portion, which don’t apply to the two‑standard‑deviation window.