Question

A probability distribution has a mean of 25 and a standard deviation of 4. Use Chebychev's...

A probability distribution has a mean of 25 and a standard deviation of 4. Use Chebychev's inequality to find a bound on the probability that an outcome of the experiment lies between the following.
(a) 20 and 30
at least %

(b) 15 and 35
at least %

Homework Answers

Answer #1

According to Chebychev's inequality, we have

a)

Take

i.e. at least 36%

b)

Take

i.e. at least 84%

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A probability distribution has a mean of 45 and a standard deviation of 2. Use Chebychev's...
A probability distribution has a mean of 45 and a standard deviation of 2. Use Chebychev's inequality to find a bound on the probability that an outcome of the experiment lies between the following. (a)    41 and 49 at least ___ % (b)    35 and 55 at least ____ %
Suppose we are given a probability distribution that has a mean if 12 and a standard...
Suppose we are given a probability distribution that has a mean if 12 and a standard deviation of 0.9. Use the Chebyshev inequality to find a lower bound estimate of the following probabilities: (a) The probability that the outcome will lie between 8 and 16 (b) The probability that the outcome lies between 8.5 to 15.5
A probability distribution has a mean of 50 and a standard deviation of 10. Use Chebyshev's...
A probability distribution has a mean of 50 and a standard deviation of 10. Use Chebyshev's inequality to find the minimum probability that an outcome is between 10 and 90. (Round your answer to four decimal places.)
A probability distribution has a mean of 70 and a standard deviation of 2. Use Chebyshev's...
A probability distribution has a mean of 70 and a standard deviation of 2. Use Chebyshev's inequality to find the minimum probability that an outcome is between 65 and 75. (Round your answer to four decimal places.)
suppose that probability distribution that mean 20 and standard deviation 3. According to chebychev inequality what...
suppose that probability distribution that mean 20 and standard deviation 3. According to chebychev inequality what is the probability that an outcome lies between 16 and 24?
In a certain​ distribution, the mean is 100 with a standard deviation of 4. Use​ Chebyshev's...
In a certain​ distribution, the mean is 100 with a standard deviation of 4. Use​ Chebyshev's Theorem to tell the probability that a number lies between 92 and 108 The probability a number lies between 92 and 108 is at least
In a certain​ distribution, the mean is 80 with a standard deviation of 4. Use​ Chebyshev's...
In a certain​ distribution, the mean is 80 with a standard deviation of 4. Use​ Chebyshev's Theorem to tell the probability that a number lies between 60 and 100
Suppose a continuous probability distribution has an average of μ=35 and a standard deviation of σ=16....
Suppose a continuous probability distribution has an average of μ=35 and a standard deviation of σ=16. Draw 100 times at random with replacement from this distribution, add up the numbers, then divide by 100 to get their average. To use a Normal distribution to approximate the chance the average of the drawn numbers will be between 30 and 40 (inclusive), we use the area from a lower bound of 30 to an upper bound of 40 under a Normal curve...
a) Assume that x has a normal distribution with the specified mean and standard deviation. Find...
a) Assume that x has a normal distribution with the specified mean and standard deviation. Find the indicated probability. (Round your answer to four decimal places.) μ = 4; σ = 6 P(1 ≤ x ≤ 13) = b) Assume that x has a normal distribution with the specified mean and standard deviation. Find the indicated probability. (Round your answer to four decimal places.) μ = 103; σ = 20 P(x ≥ 120) = c) Find z such that 5%...
1. Given the following probability distribution, calculate the standard deviation. Probability - Outcome 40% ------------- (-5%)...
1. Given the following probability distribution, calculate the standard deviation. Probability - Outcome 40% ------------- (-5%) 40% ------------- 10% 20% ------------- 30% A. 12.88% B. 12.22% C. 18.79% D. 35.00% 2. Given the following probability distribution, calculate the expended return. Probability - Outcome 20% ------------- 5% 40% ------------- 10% 20% ------------ 15% 20% ------------ 20% A. 18.875% B. 12.00% C. 12.50% D. 50.25% 3. If the expected return is 6% and the standard deviation is 9% then what is the...