Chebyshevs Theorem and Empirical Rule

Related BrainMass Solutions

• Empirical rule

  - According to Chebyshevs theorem at least 84 % of the relative increased in stock price lie between 3.305 % amd 1.155 % - According to Chebyshevs theorem at least 75 % of the relative increases in stock price lie between 3.39 % and 1.07 %.

• Questions on Probabilities and Statistical Distributions

  a. 167cm and 203cm 203-185=185-167=18=3 standard deviation, by empirical rule, percentage = 99.7% b. 179cm and 191cm 191-185=185-179=6=1 standard deviation, by empirical rule, percentage = 68% 2.

• Statistics (The Empirical Rule vs. Chebyshev's Theorem)

  Then, explain Chebyshev's Theorem and how it is different from the Empirical Rule. Give a specific example of a population with which the Empirical Rule might be most effective and one with which Chebyshev's Theorem might be most effective.

• Chebyshev's Theorem vs. Empirical Rule

  498656 Chebyshev's Theorem vs. Empirical Rule In the following example, why would Chebyshev's Theorem be used instead of the Empirical Rule?

• Chebychev's Theorem and Empirical Rule

  This solution helps with a problem regarding Chebychev's Theorem and the Empirical Rule.

• Chebyshev's theorem and normal distribution

  There is no contradiction between empirical rule and Chebychev Inequality The solution gives a comparison of empirical rule and Chebyshev's theorem for normal distribution.

• Chebyshev's Theorem

  According to the empirical rule, approximately 99.7% of the scores lie between ___ and ___.

• Calculation of probability based on Chebyshev's inequality.

  Probability based on empirical rule is also discussed.

• Statistical Concepts

  Then, it briefly describes the type of data that Chebyshev's Theorem and to The Empirical Rule applies to.