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Empirical rule and chebychev inequality

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Reference no: EM131634474

The Empirical Rule and Chebychev's Inequality both relate the percent of data points to the number of standard deviations above or below the mean. What is the significant difference between the two? Explain what each say about the percent of data values that are 2 standard deviations away from the mean.

Reference no: EM131634474

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