Chebyshevs theorem is used to approximate the proportion of


Chebyshev's theorem is used to approximate the proportion of observations for any data set, regardless of the shape of the distribution. Assume that a distribution has a mean of 255 and standard deviation of 20. Approximately what proportion of the observations is between 195 and 315?

Solution Preview :

Prepared by a verified Expert
Business Economics: Chebyshevs theorem is used to approximate the proportion of
Reference No:- TGS02921257

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)