Question: 8.45 hours. To use Chebyshev's theorem, we must first determine how many standard deviations above and below the mean 8.45 and 3.95 are, respectively. use

8.45 hours. To use Chebyshev's theorem, we must8.45 hours. To use Chebyshev's theorem, we must8.45 hours. To use Chebyshev's theorem, we must

8.45 hours. To use Chebyshev's theorem, we must first determine how many standard deviations above and below the mean 8.45 and 3.95 are, respectively. use the following formula. z=standarddeviationvaluehigherthanthemeanmean Find z for the upper value. z=standarddeviationvaluehigherthanthemeanmean=1.58.45= the following formula. z=standarddeviationmeanvaluelowerthanthemean Find z for the lower value. z=standarddeviationmeanvaluelowerthanthemean=1.56.2 part. (a) What percentage of regular grade gasoline sold between $2.64 and $4.24 per gallon? (b) What percentage of regular grade gasoline sold between $2.64 and $3.84 per gallon? (c) What percentage of regular grade gasoline sold for more than $3.84 per gallon? structure is $3,400. Assume that the standard deviation is $1,400. (a) What is the z-score for a backyard structure costing $2,400 ? (Round your answer to two decimal places.) z= (b) What is the z-score for a backyard structure costing $5,500 ? z= (c) Interpret the z-scores in parts (a) and (b). Comment on whether either should be considered an outlier. (d) The cost for a backyard shed-office combination built in Albany, California, is $13,550. Compute the z-score for this structure. z= Should this structure be considered an outlier? Explain. This structure is because the z-score is

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!