The following data set includes samples of the monthly inventory sampling results for a local retailer. Complete
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Question:
The following data set includes samples of the monthly inventory sampling results for a local retailer. Complete the required intermediate calculations and use Chebyshev's Theorem to determine what percent of the sample results are predicted to fall between 95 and 100%. If 95-100% is within standard, are we running a preferred program?
90 | 96 | 100 | 97 | 100 | 90 | 98 | 96 | 97 | 96 | 92 |
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