## Suppose that prices of a gallon of milk at various stores in one town have a mean of \$3.53 with a standard deviation of \$0.14. Using Chebysh

Question

Suppose that prices of a gallon of milk at various stores in one town have a mean of \$3.53 with a standard deviation of \$0.14. Using Chebyshev’s Theorem, state the range in which at least 75% of the data will reside. Please do not round your answers.

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4 months 2022-01-21T09:46:23+00:00 2 Answers 0 views 0

The right anwer is 3.53

Step-by-step explanation:

I literally just t

ook the test and this is what is the right answer

At least 75% of the data will reside in the range of \$3.25 to \$3.81.

Step-by-step explanation:

Chebyshev’s theorem states that:

At least 75% of the values in a distribution lie within 2 standard deviations of the mean.

At least 89% of the values in a distribution lie within 3 standard deviations of the mean.

In this problem, we have that:

Mean = \$3.53

Standard deviation = \$0.14.

Using Chebyshev’s Theorem, state the range in which at least 75% of the data will reside.

Within 2 standard deviations of the mean

So

From 3.53 – 2*0.14 = \$3.25 to 3.53 + 2*0.14 = \$3.81.

At least 75% of the data will reside in the range of \$3.25 to \$3.81.