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

What percentage falls within two standard deviations in a normal distribution?

In a normal distribution, how data spread around the mean is captured by the Empirical Rule: about 68% lie within one standard deviation, about 95% lie within two standard deviations, and about 99.7% lie within three standard deviations. Therefore, roughly 95% of observations fall within two standard deviations of the mean. The remaining ~5% are beyond ±2σ, about 2.5% in each tail. The other numbers correspond to the other thresholds (68% for ±1σ, 99.7% for ±3σ, and 50% is not a standard cutoff).

In a normal distribution, how data spread around the mean is captured by the Empirical Rule: about 68% lie within one standard deviation, about 95% lie within two standard deviations, and about 99.7% lie within three standard deviations. Therefore, roughly 95% of observations fall within two standard deviations of the mean. The remaining ~5% are beyond ±2σ, about 2.5% in each tail. The other numbers correspond to the other thresholds (68% for ±1σ, 99.7% for ±3σ, and 50% is not a standard cutoff).