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标题: normal distribution SD question [打印本页]

作者: dkishore1    时间: 2011-7-11 18:29     标题: normal distribution SD question

on a practice problem I am having trouble with...the answer says 99% of observations fall w/in 3 SD of the mean. I had thought 99% of the observations fall w/in 2.575 SD of the mean...? Please someone clarify, it has been a very long day
作者: Siddimaula    时间: 2011-7-11 18:29

Turn to pg 326 in Volume 1 - CFA book.
作者: ramzes    时间: 2011-7-11 18:29

SD___________________Percentage in CI
-----------------------------------------------------------------------
1_______________________68.27

1.645___________________ 90%

1.96___________________ 95%

2 _____________________ 95.45%

2.576 ___________________ 99%

3 _____________________ 99.73%

4 _____________________ 99.99%
作者: lc26mizzou    时间: 2011-7-11 18:29

I thought that was a garbage question, too. I've memorized 90/1.65, 95/1.96, 99/2.58 and that's what I'm using on the exam.
作者: Londonrocks    时间: 2011-7-11 18:29

pg441
The key word is "Approximately":
Approximately 68% fall in +-1SD
Approximately 95% fall in +-2SD
Approximately 99% fall in +-3SD




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