Question

Suppose annual salaries for sales associates from a particular store have a mean of $20,000 and...

Suppose annual salaries for sales associates from a particular store have a mean of $20,000 and a standard deviation of $2,000. Use Chebyshev's theorem to calculate the percentage of sales associates with salaries between $18,000 and $22,000.

At least 89%

About 68%

At least 75%

About 95%

None of the above
Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Suppose that salaries for recent graduates of one university have a mean of $26,400 with a...
Suppose that salaries for recent graduates of one university have a mean of $26,400 with a standard deviation of $1200. Using Chebyshev's Theorem, state the range in which at least 88.9% of the data will reside. Please do not round your answers.
Suppose the salaries for recent graduates have a mean of $25,108 with a standard deviation of...
Suppose the salaries for recent graduates have a mean of $25,108 with a standard deviation of $1020. What is the minimum percentage of recent graduate who have a salaries between $23,243 and $26,973. I tried to do this question and it gives me a decimal, I don't know if I should use Chebyshev's Theorem or not, please help.
From the time of early studies by Sir Francis Galton in the late nineteenth century linking...
From the time of early studies by Sir Francis Galton in the late nineteenth century linking it with mental ability, the cranial capacity of the human skull has played an important role in arguments about IQ, racial differences, and evolution, sometimes with serious consequences. (See, for example, S.J. Gould, "The Mismeasure of Man," 1996 .) Suppose that the mean cranial capacity measurement for modern, adult males is   1131 cc (cubic centimeters) and that the standard deviation is 299 cc. Complete...
From the time of early studies by Sir Francis Galton in the late nineteenth century linking...
From the time of early studies by Sir Francis Galton in the late nineteenth century linking it with mental ability, the cranial capacity of the human skull has played an important role in arguments about IQ, racial differences, and evolution, sometimes with serious consequences. (See, for example, S.J. Gould, "The Mismeasure of Man," 1996 .) Suppose that the mean cranial capacity measurement for modern, adult males is 1006 cc (cubic centimeters) and that the standard deviation is 240 cc.Complete the...
Consider a sample with a mean of 60 and a standard deviation of 6. Use Chebyshev's...
Consider a sample with a mean of 60 and a standard deviation of 6. Use Chebyshev's theorem to determine the percentage of the data within each of the following ranges (to the nearest whole number). 50 to 70, at least % 45 to 75, at least % 52 to 68, at least % 47 to 73, at least % 44 to 76, at least %
Consider a sample with a mean of 60 and a standard deviation of 4. Use Chebyshev's...
Consider a sample with a mean of 60 and a standard deviation of 4. Use Chebyshev's theorem to determine the percentage of the data within each of the following ranges (to the nearest whole number). 40 to 80, at least % 45 to 75, at least % 52 to 68, at least % 47 to 73, at least % 44 to 76, at least %
BIG Corporation produces just about everything but is currently interested in the lifetimes of its batteries,...
BIG Corporation produces just about everything but is currently interested in the lifetimes of its batteries, hoping to obtain its share of a market boosted by the popularity of portable CD and MP3 players. To investigate its new line of Ultra batteries, BIG randomly selects 1000 Ultra batteries and finds that they have a mean lifetime of 834 hours, with a standard deviation of 81 hours. Suppose that this mean and standard deviation apply to the population of all Ultra...
The following random sample of annual salaries was recorded. Units are in thousands 45 50 40...
The following random sample of annual salaries was recorded. Units are in thousands 45 50 40 42 30 51 46 10 52 47 a) Calculate the mean and the standard deviation. b) Using Chebyshev's between what two bounds will at least 80% of the data lie? c) Using Chebyshev's between what two bounds will at least 95% of the data values lie?
Suppose the nightly rate for a hotel is thought to be bell-shaped and symmetrical with a...
Suppose the nightly rate for a hotel is thought to be bell-shaped and symmetrical with a mean of $72 and a standard deviation of $24. According to the Empirical Rule, what is the percentage of hotels with rates between $48 and $96? approximately 68 at least 75 approximately 99.7 at least 89 approximately 95
There is some evidence that, in the years , a simple name change resulted in a...
There is some evidence that, in the years , a simple name change resulted in a short-term increase in the price of certain business firms' stocks (relative to the prices of similar stocks). (See D. Horsky and P. Swyngedouw, "Does it pay to change your company's name? A stock market perspective," Marketing Science v6., pp.320-35 .) Suppose that, to test the profitability of name changes in the more recent market (the past five years), we analyze the stock prices of...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT