The mean of a data set is $400 and the standard deviation is $40. According to Chebyshev's Theorem, what percent of the values will lie within plus or minus 1.6 standard deviations of the mean?

Respuesta :

Chebyshev's theorem says

[tex]P\left(|X-\mu|\le k\sigma\right)\ge1-\dfrac1{k^2}[/tex]

That is, the probability that a data point [tex]X[/tex] falls within [tex]k[/tex] standard deviations of the mean [tex]\mu[/tex] is at least [tex]1-\dfrac1{k^2}[/tex].

In this case, we have

[tex]P\left(|X-400|\le1.6\cdot40\right)\ge1-\dfrac1{1.6^2}\approx0.6094[/tex]

so that at least 60.94% of the values can be expected to lie within 1.6 standard deviations of $400.