Assume the average age of an MBA student is 30.7 years old with a standard deviation...

Assume the average age of an MBA student is 30.7 years old with a standard deviation of 2.2 years.

a) Determine the coefficient of variation.

b) Calculate the z-score for an MBA student who is 26 years old.

c) Using the empirical rule, determine the range of ages that will include 95% of the students around the mean.

d) Using Chebyshev's Theorem, determine the range of ages that will include at least 94% of the students around the mean.

e) Using Chebyshev's Theorem, determine the range of ages that will include at least 80% of the students around the mean.

Expert Solution

orchestra answered 1 year ago

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