Assume a sample of beer prices is negatively skewed. Approximately what percentage of the distribution lies within plus or minus 2.40 standard deviations of the mean?
A) 95.5%.
B) 58.3%.
C) 82.6%.
Answer: C
Marketing MCQ
Statistical Concepts and Market Returns
Assume a sample of beer prices is negatively skewed. Approximately what percentage of the distribution lies within plus or minus 2.40 standard deviations of the mean?