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Education

Mathematics, Statistics

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- CHEBYSHEV’S THEOREM - States that the proportion or percentage of any data set that lies within k standard deviations of the mean (where k is any positive integer greater than 1) is at least 1- 1/k².
- Example 1: If the mean score of the students enrolled in Business Statistics class is 66 points with a standard deviations of 5 points, at least what percentage of the scores must lie between 46 and 86?
- Example 2: The mean age of employees in a certain company is 42 and the standard deviation is 7. find the two values between which must lie at least 8/9 of the data.

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