A major cab company in Chicago has computed its mean fare from O'Hare Airport to the...

A major cab company in Chicago has computed its mean fare from O'Hare Airport to the Drake Hotel to be

28.99

, with a standard deviation of

3.79

. Based on 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 ?56%75%84%89% of the fares lie between 21.41 dollars and 36.57 dollars.

(b) According to Chebyshev's theorem, at least ?56%75%84%89% of the fares lie between 19.515 dollars and 38.465 dollars.

(c) Suppose that the distribution is bell-shaped. According to the empirical rule, approximately ?68%75%95%99.7% of the fares lie between 21.41 dollars and 36.57 dollars.

(d) Suppose that the distribution is bell-shaped. According to the empirical rule, approximately 99.7% of the fares lie between

dollars

and

dollars

Solutions

Expert Solution

orchestra answered 1 year ago

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