Final answer:
Based on the Empirical Rule, about 95% of observations are expected to be within two standard deviations from the mean in a bell-shaped and symmetric data distribution. Option B is the correct answer.
Step-by-step explanation:
Based on the Empirical Rule, which applies to data distributions that are bell-shaped and symmetrical, approximately 95% of the observations will lie within plus or minus two standard deviations from the mean.
This rule provides a quick way to evaluate the spread of data in a normal distribution, and is often referred to as the 68-95-99.7 rule. This is because according to the rule, about 68% of data falls within one standard deviation, 95% within two standard deviations, and 99.7% within three standard deviations of the mean.
Applying this rule to our question, the correct option is B. 95%.