Empirical Rule
- Also known as the 68/95/99.7 rule
- Very similar to Pareto
- In a normal distribution, if you go 1 standard deviation from the mean, it will be a 68% chance of falling within that area.
- If you go two standard deviations you have a 95% chance
- Three standard deviations is 99.7% chance
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Graph:
- 113.028 Statistics - Empirical Rule to 113.025 Statistics - Normal distribution
- 113.028 Statistics - Empirical Rule to 115.020.40.06 Reading 9 - 6. The Normal Distribution
- 113.028 Statistics - Empirical Rule to 115.020.40.08 Reading 9 - 8. The Standard Normal Distribution
- 113.025 Statistics - Normal distribution to 113.028 Statistics - Empirical Rule