A small business uses a website to sell clothing and accessories. The owners use data analytics and have determined, based on the past 6 months of web visit data, that on any given day the website receives an average of, μ = 3,000 visits (hits) per day with a standard deviation of σ = 300 visits (hits) per day.

a.) Using Chebysheff’s theorem find the Chebysheff Confidence interval, IK , which indicates the number of customers that will visit the website at least 75% of the time (days).

b.) If the average purchase per customer is $50. Based on the results in part a, what daily revenue can the owners expect at least 75% of the days?