The average new car price is $36000 with a standard deviation of $1250. Consider a random sample of 975 new cars. Use Chebyshev’s Rule to address the following: 1- At least how many new car prices lie between $32250 and $39750? 2- At least how many new car prices lie between $31000 and $41000?

The average new car price is $36000 with a standard deviation of $1250. Consider a random sample of 975 new cars. Use Chebyshev’s Rule to address the following: 1- At least how many new car prices lie between $32250 and $39750? 2- At least how many new car prices lie between $31000 and $41000?

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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The average new car price is $36000 with a standard deviation of $1250. Consider a random sample
of 975 new cars.
Use Chebyshev’s Rule to address the following:
1- At least how many new car prices lie between $32250 and $39750?
2- At least how many new car prices lie between $31000 and $41000?

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