Explain why the Empirical Rule is more useful than Chebyshevs Inequality for bell- shaped distributions. Explain why
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
If a distribution is bellshaped then the Empirical Rule yields m...View the full answer
Answered By
PRINCE PANDEY
I am Indian Chartered Accounting having a strong hold in the subjects of Accounting, IFRS Reporting, Indian
Taxation, Cost Accounting, Auditing. I have vast experience of teaching a student with easy way problem-solving approach.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
Consider the 63 automatic teller machine (ATM) transaction times given in Table 3.4 above. a. Construct a histogram (or a stem- and- leaf display) for the 63 ATM transaction times. Describe the shape...
-
Consider the 63 automatic teller machine (ATM) transaction times given in Table 3.6 above. a. Construct a histogram (or a stem-and-leaf display) for the 63 ATM transaction times. Describe the shape...
-
In Example 5, we analyzed the lengths of songs played on the alternative rock radio station Live 105. The lengths (in seconds) of all songs on albums by bands typically featured on Live 105 are...
-
On March 20, Harbor's petty cash fund of $100 is replenished when the fund contains $19 in cash and receipts for postage $40, supplies $26, and travel expense $15. Prepare the journal entry to record...
-
At a book fair on August 15, Lee, an encyclopedia salesperson, talked Tanaka into purchasing a set of encyclopedias for $ 450. Tanaka gave Lee a check for $ 450. Later in the day, Tanaka changed her...
-
What is deductive reasoning? What does it mean to say that the conclusion to a syllogism is valid? How can a conclusion be valid but not true? True but not valid? L01
-
5. What effect does the elimination of intercompany accounts receivable and accounts payable have on consolidated working capital?
-
These financial statement items are for Fairview Corporation at year-end, July 31, 2017. Salaries and wages payable ...................................$ 2,080 Salaries and wages expense...
-
Use the 2016 marginal tax rates to compute the tax owed by the following person A single woman with a taxable income of $68.000 Click the icon to view the 2016 marginal tax rates The tax owed is...
-
Huegel Hollow Resort has ordered 20 rotomolded kayaks from Current Designs. Each kayak will be formed in the rotomolded oven, cooled, and then the excess plastic trimmed away. Then, the hatches,...
-
The U. S. Department of Labor annually publishes an Occupational Outlook Handbook, which reports the job outlook, working conditions, and earnings for thousands of different occupations. The handbook...
-
Does Chebyshevs Inequality provide useful information when K = 1? Explain why or why not.
-
A bimetallic strip used in thermostats relies on the fact that different metals have different (a) specific heat capacities. (b) thermal energies at different temperatures. (c) rates of thermal...
-
Question 1 Consider the function g (x) = x-6x+1. The discriminant is [Select] [Select] and therefore the graph has x-intercepts.
-
Han Wu Manufacturing uses a job order cost system and applies overhead to production on the basisof direct labour hours. On January 1, 2023, Job no, 50 was the only job in process. The costs incurred...
-
Mr. A Background Mr. A is a 42-year-old divorced man assessed at intake to a crisis intervention unit. He was brought to the facility by the local law enforcement agency after his father complained...
-
QUESTION 1 The bank reconciliation statement of Honshu Ltd for February 2020 is set out below: 1) Bank reconciliation statement on 29 February 2020: < DR Balance as per bank statement Add:...
-
what do you think is the most important thing that adults can do to facilitate physical and motor development? Why?
-
The outcome of an individuals traits is controlled by a. genes. b. the environment. c. both genes and the environment. d. neither genes nor the environment.
-
Suppose the market is semistrong form efficient. Can you expect to earn excess returns if you make trades based on? a. Your brokers information about record earnings for a stock? b. Rumors about a...
-
Which of the following countries are important export markets for the United States? a. Canada b. Mexico c. China d. Japan e. All of the above
-
The Technically Techno Company has several patents for a variety of different Flash memory devices that are used in computers, cell phones, and a variety of other things. A competitor has recently...
-
A group of medical professionals is considering the construction of a private clinic. If the medical demand is high (i.e., there is a favorable market for the clinic), the physicians could realize a...
-
The physicians in Problem 3-34 have been approached by a market research firm that offers to perform a study of the market at a fee of $5,000. The market researchers claim their experience enables...
-
Harper, Inc, acquires 40 percent of the outstanding voting stock of Kinman Company on January 1, 2020, for $316,100 in cash. The book value of Kinman's net assets on that date was $610.000, although...
-
Need a help for this! The following information is obtained from the records of Kaiser Company: On January 1, 2017 the following machines were acquired for cash: Production machines costs $ 6,000...
-
Book 51,500 Hint rint rences Raw Materials Inventory Debit Credit Beginning 10,100 Purchases 45,500 Available for use 55,600 DM used Ending 4,100 Work in Process Inventory Debit Credit Beginning...
Study smarter with the SolutionInn App