Ask Question
30 July, 17:18

The 2011 gross sales of all firms in a large city have a mean $2.5 million and a standard deviation of $0.6 million. Using chebyshev theorem, find at least what percentage of firm city 2011 gross sales of $1.3 to $3.7 million

+3
Answers (1)
  1. 30 July, 17:43
    0
    The mean : 2.5 million

    S D = 0.6 million

    2.5 - 2 · 0.6 = 2.5 - 1.2 = 1.3 million

    2.5 + 2 · 0.6 = 2.5 + 1.2 = 3.7 million

    Chebyshev theorem : at least 3/4 of the data lie within 2 standard deviations of the mean.

    Answer:

    At least 75 % of all firms.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The 2011 gross sales of all firms in a large city have a mean $2.5 million and a standard deviation of $0.6 million. Using chebyshev ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers