According to the National Center for Education Statistics (www.nces.ed.gov), the amounts of all loans, including Federal Parent

Question:

According to the National Center for Education Statistics (www.nces.ed.gov), the amounts of all loans, including Federal Parent PLUS loans, granted to students during the 2007–2008 academic year had a with a mean of $8109.65. Suppose that the standard deviation of this is $2412.
a. Using Chebyshev’s theorem, find at least what percentage of students had 2007–2008 such loans between
i. $2079.65 and $14,139.65
ii. $3285.65 and $12,933.65
*b. Using Chebyshev’s theorem, find the interval that contains the amounts of 2007–2008 such loans for at least 89% of all students. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...