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What does Chebyshev's rule say about the percentage of observations in any data set that lie within

a.1.25 standard deviations to either side of the mean?

b.3.5 standard deviations to the either side of the mean?

Short Answer

Expert verified

a.36%of the observations lie within 1.25standard deviations to either side of the mean.

b. 91.836%of the observations lie within 3.5standard deviations to either side of the mean.

Step by step solution

01

Part(a) Step 1: Given information

We have been given that k=1.25.

We need to find the percentage of observations in any data set that lie within four standard deviations to either side of the mean.

02

Part(a) Step 2: Explanation  

According to Chebyshev's rule, for any quantitative data set and any real number kgreater than or equal to 1, at least 1-1k2of the observations lie within kstandard deviations to either side of the mean, that is, x-ksand x+ks.

By Chebyshev's rule,

At least1-1(1.25)2=1-11.5625=0.56251.5625=36% of the observations lie within 1.25 standard deviations to either side of the mean.

03

Part(b) step 1: Given information 

We have been given that k=3.5.

We need to find the percentage of observations in any data set that lie within four standard deviations to either side of the mean.

04

Part(a) Step 2: Explanation 

According to Chebyshev's rule, for any quantitative data set and any real number kgreater than or equal to 1, at least 1-1k2of the observations lie within kstandard deviations to either side of the mean, that is, x-ksand x+ks.

By Chebyshev's rule,

At least1-1(3.5)2=1-112.25=11.2512.25=91.836%of the observations lie within 3.5standard deviations to either side of the mean.

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