Exploring Normal Distribution of Data

Post a total of 3 substantive responses. This includes your initial post and 2 replies to classmates or your faculty member. When our data aligns to the characteristics of a normal distribution it maintains specific properties that help us interpret results and make decisions. Respond to the following in a minimum of 175 words:

Be constructive and professional. Student 1 Hi Class We see a number of examples of the application of the empirical rule. We recently went through the election cycle. We find that the elections provide an interesting example of the application of the empirical rule. Before the election day we found reports about which candidate was likely to get what percentage of vote based on sampling from the population. So if that data showed that Candidate A was likely to get 52% of the vote with a Standard deviation of 3% based on the empirical rule can we determine what would be the range within which the actual vote % would lie with a 95% probability? Student 2 Hello Everyone the Empirical rule from my understanding after doing a little bit of research is it is used to predict numbers and outcomes in data most of the time by using the 68- 95-99.7 rule. Which is a statistical rule that says that for a normal or typical distribution most of all the data will fall between the three standard deviations 68-95-99.7. The example that I have come up with to use the rule in everyday life would be measuring the outcomes of the real estate market. I have the opportunity to work in a well know real estate office so I have been trying to associate things that I have learned while in school now and knowing that Realtors analyze data constantly to predict the market with growth but also deflation property taxes etc. You can use the empirical rule to help predict those data statistics.

Requirements: Discussion | 1 pages Double spaced

Discuss a situation where you can collect data and the data the Empirical Rule applies meaning that the data representing this situation follows a normal distribution. You are encouraged to conduct research using the internet to discover a situation that fits these criteria. Citing your source discuss what specifically leads you to believe this situation follows the Empirical Rule. What statistical analysis benefits exist because the situation has data that is distributed normally?