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Discuss the concept of the tchebysheff theorem

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Reference no: EM131646197

Question: Consider the following set of sample data:

78     121    143     88     110      107       62       122       130       95        78       139       89        125

a. Compute the mean and standard deviation for these sample data.

b. Calculate the coefficient of variation for these sample data and interpret its meaning.

c. Using Tchebysheff's theorem, determine the range of values that should include at least 89% of the data. Count the number of data values that fall into this range and comment on whether your interval range was conservative.

Reference no: EM131646197

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