Question

Assume the average age of an MBA student is 29.1 years old with a standard deviation...

Assume the average age of an MBA student is 29.1 years old with a standard deviation of 2.6 years.

​a) Determine the coefficient of variation.

​b) Calculate the​ z-score for an MBA student who is 24 years old.

​c) Using the empirical​ rule, determine the range of ages that will include 99.7​% of the students around the mean.

​d) Using​ Chebyshev's Theorem, determine the range of ages that will include at least 96​% of the students around the mean. ​e) Using​ Chebyshev's Theorem, determine the range of ages that will include at least 83​% of the students around the mean.

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