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A major cab company in Chicago has computed its mean fare from O'Hare Airport to the Drake Hotel to be $27.27, with a standard
A major cab company in Chicago has computed its mean fare from O'Hare Airport to the Drake Hotel to be $27.27, with a standard deviation of $3.37. Based this information, complete the following statements about the distribution of the company's fares from O'Hare Airport to the Drake Hotel. (a) According to Chebyshev's theorem, at least 89% of the fares lie between 18.845 dollars and 35.695 dollars. (b) According to Chebyshev's theorem, at least 75% of the fares lie between 20.53 dollars and 34.01 dollars. (c) Suppose that the distribution is bell-shaped. According to the empirical rule, approximately [95% of the fares lie between 20.53 dollars and 34.01 dollars. (d) Suppose that the distribution is bell-shaped. According to the empirical rule, approximately 99.7% of the fares lie between 17.16 dollars and 37.38 dollars.
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