A real estate company is interested in the ages of home buyers. They examined the ages of thousands of home buyers and found that the mean age was 45 years old, with a standard deviation of 9 years. Suppose that these measures are valid for the population of all home buyers. Complete the following statements about the distribution of all ages of home buyers.(b) According to Chebyshev's theorem, at least (Choose one) home buyers' ages lie between 31.5 years and 58.5 years.
A real estate company is interested in the ages of home buyers. They examined the ages of thousands of home buyers and found that the mean age was 45 years old, with a standard deviation of 9 years. Suppose that these measures are valid for the population of all home buyers. Complete the following statements about the distribution of all ages of home buyers.(b) According to Chebyshev's theorem, at least (Choose one) home buyers' ages lie between 31.5 years and 58.5 years.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A real estate company is interested in the ages of home buyers. They examined the ages of thousands of home buyers and found that the mean age was 45
years old, with a standard deviation of 9 years. Suppose that these measures are valid for the population of all home buyers. Complete the following statements
about the distribution of all ages of home buyers.(b) According to Chebyshev's theorem, at least (Choose one)
home buyers' ages lie between 31.5 years and 58.5 years.
Expert Solution
Step 1
Given
μ=mean=45, σ=9, P(31.5<X<58.5)=?
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