Question: For the data in Exercise 3.20, determine the percentage of observations that fall within k = 1.5 standard deviation units from the mean. Do the

For the data in Exercise 3.20, determine the percentage of observations that fall within k = 1.5 standard deviation units from the mean. Do the results support Chebyshev’s theorem?
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For a sample of 11 employers, the most recent hourly wage increases were 18, 30, 25, 5, 7, 2, 20, 12, 15, 55, and 40 cents per hour.

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Standardized data values 118 099 087 055 036 018 005 ... View full answer

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